While EPG has divested some big assets, overall I do see the current situation as now being very positive for three reasons:
1. Much better management
2. Debt free
3. Promising CBM potential
I do think that EPG are in a much stronger position now than they have been for quite some time. Not sure what will happen to the SP for the short term, but I am surprised that EPG pulled this of with relatively little dilution.
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- well now we know what the cost will be not bad
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