ESG 0.00% 86.5¢ eastern star gas limited

Hey H,In the past 3 weeks, volumes have been as follows:Bid week...

  1. 850 Posts.
    lightbulb Created with Sketch. 166
    Hey H,

    In the past 3 weeks, volumes have been as follows:
    Bid week = 277 million
    Bid week + 1 = 34 million
    This week = 75 million and counting

    Since STO announced its bid, approx 386 million shares have been traded or 39% of the shares on issue.

    NOW, take away from the total shares on issue (1 billion)the 24% own by STO and TRU (240 million shares), and the 13% owned by mgt (130 million), then the turnover in volumes on the available "tradable" shares is 386million / (1billion - 240 million - 130 million) x 100% = or a whopping 61% of shares able to be traded has changed hands in 2.5 weeks!!!

    Something has to be up i reckon.

    Mr P
 
watchlist Created with Sketch. Add ESG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.