guttedsquid: Like yourself, I would not mind a 1 for 4 IF Vpe's sp is at 54c. However, VPE's sp is around 28c now and that would mean 7c and that is simply not good enough in my view... And you are correct in my opinion: Once the drill bits hit the ground, ITC's sp is proportionally likely to go up more than VPE's. The dark horse (and a big one) is the CSG side of VPE, which will be the only likely option for a "drive in the shareprice before any bid". When this strong re-rating of the CSG side will occur is not clear at all to me. But time will tell as usual. wasa
VPE Price at posting:
27.5¢ Sentiment: Hold Disclosure: Held