VPE
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0.00% 41.5¢ victoria petroleum nl

How much did VPE pay for their ITC shares? Looks like they own...

  1. kentbrock
    620 Posts.
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    22/11/10
    11:34
    Post #: 7506655
    How much did VPE pay for their ITC shares? Looks like they own about 90mil shares.

    If they take the money and walk that would add $7.5mill to their cash.

    If that's the case one really wonders what the point of the CR was/is.

    Should be positive in any event for VPE as it put a substantial value tag at VPE's Cooper assets.

    I don't think I like the idea of a bidding war with Beach.

    VPE Price at posting: 38.5¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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