something brewing., page-2

freeass: I was more thinking along the lines of VPE wanting to take-over ITC. Incidentally, VPE earlier on did take their stake from 40% to 60%, i.e. already have a majority share. So they do not need to "protect" anything. But JK being an "oiler" by background, I would assume that he would like to control that WHOLE "oil fairway" and rather divest some of VPE's CSG grounds to pay for this (if necessary). Would expect VPE to make a script offer rather than cash... Would also assume that VPE might continue to buy more ITC as long as they can get them at the current low pricelevel (bargain!).
All purely JIMHO. Time will tell and in a way fairly soon.... Comments as usual most welcome.
wasa
P.S. What is a bit baffling is the low sp of VPE. Obviously still a well-hated stock due to the miserable history. History is NEVER easily forgotten/forgiven.