"(One major reason is because of the SPP. if you look at every other company that has done a SPP within the past 6-12 months, I am fairly confident that you will see that their share prices have acted just as ESG's has.)"
denis,
If that was the case, why then sending in your cheque and wait to see if you can/will get your full entitlement, and if not, waiting untill you'll get your refund back. When, on the other hand, you could have waited till the SPP was over and buy on market for the same price, and possibly even at a lesser price?? (I HOPE NOT).
I think that we are treated a bit like mushrooms, and we still don't know the full story about all the water we have on our hands. The way the SPP war run, it was a major concern to me. Hence why I said all along that on this occasion I would pass, and leave my lot for someone else.
When I will see a better light on the horizon, I may then buy some more. After all, what is a couple of cents more to pay for them.?? In 15 to 20 thousand shares, all it amounts to is $300 to $400 dollars, and IMHO, in one cannot afford to pay that ridiculous extra amount of money to get something he is happy with, IMHO he should not be investing into the market, lol.
The market knows that. The market is smarter than us and it will dictate the price. No matter what we will pump and upramp, we will not change the market sentiment.
Think about denis. All we are in, is for the ride. NOTHING MORE NOTHING LESS. Regardless of what the Directors will make you believe, that is all we can do.
Buddy
ESG Price at posting:
85.0¢ Sentiment: None Disclosure: Held
