This shareholder wants a consolidation with ESG at the right script deal. Float price was 20c two years back and we have had a duster in that and they havent been too dynamic. ESG share price is currently 89 cents. OIP is currently 15c. Dreams aside I think we are looking at 1 ESG share for every 4-5 OIP shares. This is still a significant premium on the current price for Orion and we are still exposed to under upside with either CSG or oil under the ESG banner. Where do I sign?
OIP Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held