locking up esg scrip, page-26

"remembering that for one party to secure such a significant stake, they would have to pay a premium to the existing price. Like Santos did to secure their 19.99% from Hillgrove."

Yaqona,

STO at the time had an interest in the tenement and what was underground. An Insto, or some sophisticated all they have an interest on, is how much their investment will return to them in a very quick time.
Hence why the last placement was at a discount. Big difference there mate.