ESG 0.00% 86.5¢ eastern star gas limited

AlDespite a lot of volatility (some of which has just been...

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    Al

    Despite a lot of volatility (some of which has just been overall market sentiment driven) ESG has essentially gone sideways since 25 March. That corresponds to when the lateral results have been awaited. Breaking out of this sideways pattern (is there a pennant forming?) will require the results IMHO .. especially as we seems to have as you observed a consistent seller .. which is not surprising given the 55 cent placement and subsequent 90m share overhang.

    Solid though really .. and if the gap down to 67 is closed it might be another opportunity to buy rather than sell.

    H
 
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