ESG 0.00% 86.5¢ eastern star gas limited

this is what can happen

  1. 371 Posts.
    lightbulb Created with Sketch. 3
    Hi all

    Amidst talk of when the SP will hit 70 cents, or whether a takeover is a dead certainty, thought I'd put up a chart of PES (Pure Energy) to show how rapid SP appreciation can be in a takeover scenario...



    as you can see, it was $3 in June 2008, went down to 82 cents in October... then hit $8.60 by Feb this year... amazing...

    Let's hope we get a similar result in 2010...

    Cheers
 
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