Yes indeed,a disapointing result for all ITC holders, oh well we all move on, I was hoping more of a fight from VPE ! which leads me to a new scenario......
BPT now have 40% of the Fairway, and of course VPE still hold 60%.Now will BPT be satisfied with this situation not having full control of the Fairway, I think not.
Why didnt VPE fight for the 40% of ITC, is there another new agenda brewing, do VPE want to get out of oil and concentrate on the CSG, are we looking at a possible Take Over of VPE by BPT, the price at the moment looks very cheap. Watch This Space ! Is this the first phase of BPT.
Comments Welcome !
ITC Price at posting:
8.5¢ Sentiment: Sell Disclosure: Held