""If I didn't know better, I would say that ESG aren't planning to be here for a long time. Much of their behaviour, including the non-upgrading of WP, and the lack of investment in other long lead-time items suggests a short-term focus to me. ""
Yaqona,
I think you put both of your feet in it with that comment. Because, if their intention was not to be around for a long while and as you wrote short-term, one would think that they would try their utmost in pushing the sp UP, AND NOT DOWN.
If someone was to come out now and do a T/O offer, God help us mate. The offer that we will get will give you and us, a very rude awakening.
This time, IMHO, your BR has left you unstuck.
Buddy
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