ESG eastern star gas limited

So TRU has been offered 90 cents an ESG share and the rest of us...

  1. 636 Posts.
    So TRU has been offered 90 cents an ESG share and the rest of us are left swaying in the breeze which blows to the global market gyrations. On current indication we will struggle to realize 85 cents equivalent, either by selling out soon or taking STO scrip.

    But TRU also are being ripped off by Foxy Knoxy. He will pocket a net $284 million from TRU for cutting them in on 20% of the merged action....... based on the same 90 cents parameter. That's a decent haircut for them as well.

    Vote NO. Tell Anderson and Knox we just don't give a Santos!

    P.S. The original deal should have been simplified by offering all STO shareholders(including TRU) either 90 cents cash or the STO scrip swap. To correct this they now need to lift the deal to at least $1, and increase the swap ratio.
 
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