My reading of the play is that STO will make a bid for ESG ONLY when a predator makes a bid for STO.
STO will be looking at maximising its value of the GB area (and its SP) at that point in time, and what better way to do it when someone has it in its sights.
There is no way that STO will get a takeover notice on 1 Sept. Expect a bid when no one expects it I reckon. 1st of Sept is too obvious. This will also help ESG get its reserves values up - which will again help STO maximise it value.
The bid for ESG will be script as mentioned in above thread.
We'll wait and see I guess, but certainly is interesting.
ESG Price at posting:
$1.09 Sentiment: LT Buy Disclosure: Held