ESG eastern star gas limited

just an idea

  1. 1,269 Posts.
    Hi guys, let me first say I'm not trying to pick a bone. But lets look at this as an idea (that I have backed)... Sell ESG on market, and buy BOW. BOW's offer looks like a starting bid at less than 1/3 the amount offered ESG, where there are likely no gentleman's agreements in the background, they are in QLD closer to Gladstone and much more accepting state for CSG.

    Of course MEL is the other one which I hold but don't expect it to play out as quickly as BOW/ESG.

    Be interested to hear thoughts? Especially AGAINST my reasoning....

 
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