ESG 0.00% 86.5¢ eastern star gas limited

was i dreaming, page-37

  1. 1,504 Posts.
    Wake up people.

    1. When STO bought ESG shares they valued them at $1
    2. Shorting ESG pushes the price down.
    3. The price of ESG is down to 70 cents
    4. Why would STO do this when they have 20% of the company?
    5. People say so they can make a low ball offer.
    6. STO are going to look very stupid with an offer of a bit over $1 considering they valued ESG at $1 when they bought in before the reserve upgrade.
    7.STO are going to look very stupid with an offer of $1.50 when the share price is not even half of that.

    Basically STO would get nothing out of shorting ESG as it would be too hard to justify a low or high offer.
 
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