where is esg marketing department, page-16

The best thing about this is the renewed interest in the sector.

As far as valuations go , even though I think this is a lowball offer , it does help us to attribute some current numbers to ESG therefore helping one to reaffirm one's investment decision.

It's interesting that the "consolidation phase" will probably play out in different forms i.e. gas swaps etc rather than straight takeovers as I initially expected.

Personally , I was happy to wait for the FID's ( particularly STO's ) as I thought they would provide the catalyst for some movement. It appears that the ball has started rolling a little earlier .

As far as our friends the shorters go , I'm not sure they're finished just yet . Looking at the sell side , it appears that they are still around. Wouldn't the recent inrush of holders ( whom I assume to be traders ? ) be vulnerable to a little market manipulation and therefore provide some shorting opportunities ?

I guess if they do finish up here they will just move off to rape and pillage in another sector of the market.