The SANTOS offer has not been voted on yet, the coordinated effort is for the NO vote to succeed and a higher offer received.
The lucky this with the SANTOS/ESG takeover is that any associated parties cannot vote and it is not just on share numbers but individual shareholder Yes / No options
Any SANTOS interests cannot be counted.
The ESG board fully support the takeover and the offer is for SANTOS script.
Apart from the ESG offer being under a Scheme of Arrangement this is very similar.
SBL Price at posting:
1.6¢ Sentiment: Hold Disclosure: Held
