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.
ITC Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held
