Here's a repeat of my post on ETE late last night:Looking at the...

Here's a repeat of my post on ETE late last night:

Looking at the market caps of the listed partners based on the Monday close, ETE and ITC offer the best leverage should the DST deliver the goods (which it may not, of course).

ETE (12.5%) 39m shares (incl. 6m unlisted), 30c sp, mkt cap $12m

ITC (15%) 187m shares, 8.3c sp, mkt cap $16m

RPM (20%) 150m shares (incl. the placement of 19.5m shares at 10.5c per share which according to the chairman's address released on Fri 8 Oct is currently being finalised), 20c sp, mkt cap $30m

VPE (40%) 1371m shares (incl. 22m unlisted shares but not incl. 67m in-the-money options or the shares about to be issued via the SPP), 5.2c sp, mkt cap $71m

I hold ITC and ETE, sold a small stake in RPM on Friday for 13.5c after reading about the placement, bought into ETE yesterday for 24/24.5c. Will be taking part profits today ahead of the DST result.

Cheers