ESG 0.00% 86.5¢ eastern star gas limited

now...why did i invested in esg?

  1. 769 Posts.
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    Like Unicorn, I too was musing and my thoughts were drifting on why did I invest in ESG - as I continuing my weeding...........

    Well in short;

    a) In David Knox words (and please correct me if I am wrong here), but "we can't let this fish (ESG) swim by" and "This is a once in a lift time opportunity".

    b) so if STO bought in 6 months ago at $1.00 then I am getting a bargin at the moment especially with increased reserves and in Mr Casey's words on the BRR presentation in Hong Kong in Nov 09 - "flow rates that are second to none".

    c) This healthy discuss on fundamentals v techincals is great - especially for timing entry into a stock, but I also look at - Will STO sit on the sidelines with its $500 million investment in ESG for years on end. I know that I would't and that I would be looking at a return on this investment. I'm sure that STO would be doing the same. It just makes good business sense to do so.

    The above is not intented as a ramp up, but purely to outline my rational for investing in ESG.

    Here's to a big 2010 for all of us.

    So if
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