Slampoil, It was your post that first suggested a blocking stake re VPE on market buying activities. GuttedSquid has also had some good input. To my present thinking I see two scenario's. 1. VPE do a split of there company. CSG and the oil. A example is Boral and Origin back in 2000. Each current share holder from memory received shares in each company based on a prorata basis. 2. They could split the company and relist one side on the stock exchange. Like Foster's intention as at present. What do you think. Either way as Wasa says time will tell. Both would give them more flexibility in doing a deal with ITC. In the meantime those who buy groceries find they must sell ITC or they see better short term opportunities. 247
ITC Price at posting:
5.5¢ Sentiment: LT Buy Disclosure: Held
