anybody got any idea(s) why vpe's sp , page-19

1 for 4 Tui based on VPE at 54c is fine by me at present. If the drill bit hits the ground then I expect that will go up hence my surprise we haven;t got that bid yet. 1 for 4 at current prices would be seen as oppurtunistic at best. I suspect there will be a drive in the sp before any bid to make any bid more fulfilling and lucrative to ITC holders. It also would mean less dilution assuming an all scrip bid.