ITC 0.00% 8.2¢ impress energy limited

peplon nominees, page-50

  1. 4,962 Posts.
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    I see your opinion Mljet but can;t agree. I can not understand what they would be blocking.

    The buying has dried IMO as they cannot afford to spend anymore capital.

    Takeovers/mergers have minimum acceptances etc and 10% I'm afraid just doesn;t cut it if it is for a block for any description. It doesn;t even help them come across to ITC
    so not sure of the thinking.

    If VPE wanted to merge the two oil components then they just have to speak - thats all no need to purchase shares on market.

    Strange thinking Mljet I must say.
 
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