The last paragraph also mentions once the company is restructured they will be aggressively be pursuing growth oppurtunities. What will they be I wonder.
Here is some thoughts not necessarily my opinion.
JK: Will head a new oil division that will take out ITC and expand their oil division.
The oil section will be spun off into new entity which JK will head. VPE holders will get inspecie distrubution and then they will go for ITC at that point.
This new group will pursue the oil very heavily and hence their recent PEL 182 purchase.
Like original, VIC Pet sell CSG to BG and then buy out ITC.
They do really want two fronts and to expand so will take over ITC anyway.
ITC Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held
