ITC 0.00% 8.2¢ impress energy limited

blocking stake hypothesis, page-7

  1. 9,660 Posts.
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    asx360: Question is how the VPE sp can go back up above 40c... IF it will be oil related, ITC's sp would go up as well. So, the only possibility is CSG related. And I believe most CSG plays are a bit under sp pressure at the moment (thanks, K. Rudd!).
    But VPE has always the option to sell some of their CSG holdings to get the necessary cash. But, then again, now would not be a good time to get the right price.
    Interesting times ahead for certain.
    wasa
 
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