ESG 0.00% 86.5¢ eastern star gas limited

The 50 cents a GJ for 3P is a misnomer created by two...

  1. 299 Posts.
    The 50 cents a GJ for 3P is a misnomer created by two disingenuous and colluding Boards.

    The day the Scheme was announced Knox was out there stating 50 cents was a fair price.

    ESG's board announced 50 cents as fair.

    Every mug shareholder exclaimed, "What about the reserves upgrade?"

    Two new coals seams, $50 million dollars spent and no reserves? What?

    The next question at the time was; is Knox that stupid to annunciate the 50 cent per gig when every one knows a big upgrade is coming?

    The answer is, no he ain't that stupid.

    Knox knew no reserve upgrade would be coming. Doesn't take a genius to guess how he knew?

    Cease and desisit with this 50 cents a GJ baloney.

    I'm voting yes.

    STO may be b***ards but at least we know their smart b***ards and now their our smart b***ards.

    Good luck.

 
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