ESG 0.00% 86.5¢ eastern star gas limited

Agreed.As the share price languishes below 90 cents it is clear...

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    Agreed.

    As the share price languishes below 90 cents it is clear there are no new gorillas in sight even with the overall rise in market sentiment over the past 24 hours.

    Perhaps the task will be too hard for a new player.

    Currently, Santos and TRU hold 24.5% between them and the founders, board and management hold a further 13.2%, 37.5% in total. Ingalls & Snyder LLC hold 3.6%. If they are in on the deal the bloc rises to over 41%.

    If ordinary shareholders are unhappy a strategy is needed to stall Santos until another bidder emerges.

    Do what ever you fel is right, bombard the directors and management with emails, write to the Shareholders Association to the ASX and ASIC and make your views known.

    It is abundantly clear that this deal will proceed unless shareholders make a stand.
 
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Currently unlisted public company.

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