Where I was coming from with that is if ESG is taken over the new directors might not look upon the GGX transaction so favourably as to actually vote for it, which would leave GGX in a precarious position re cash. Take ESGs vote out of the EGM results and you get a very different outcome. So what I'm saying in a very convoluted way is maybe an STO takeover isn't too far off. The directors know this and needed to get the GGX scheme through prior to any change of control. It's just a theory. Time will tell.
JT
OIP Price at posting:
7.0¢ Sentiment: None Disclosure: Held
