Reasonable scenario and STO could indeed argue that with a a shareprice between $16 and $20 that ESG is a bargain on a scrip basis and they had better move to secure their pre-eminence in NSW CSG to LNG before someone else does. Andtrue .. we just need one decent size transaction in the sector to get it really flying again.
Should be a interesting month coming up for anyone in ESG, STO, AOE or other CSG companies.
H
ESG Price at posting:
$1.05 Sentiment: LT Buy Disclosure: Held