I have been a holder on & off since the 13c days. I bailed from...

I have been a holder on & off since the 13c days. I bailed from ESG a while ago above this price so this sounds like a pretty crappy deal to me. If STO hold around 20% woud'nt that be a major deterant for a rival bidder. In the absence of a rival bidder why would STO up their offer. At around ESGs current sp could STO do a hostile takeover. ESG board suggests holders accept the offer, that says it all really, sounds like DC went from hero to zero & loyal ESG holders are about to get screwed. The script ratio is crap & STO sp has been sliding for mths. Now offer is eqivalent to .87c .....I smell a rat.