wipeoff/guttedsquid: I just give you MY opinion. A split-up of VPE is certainly a possibility. AND if they would name the VPE OIL side rather ITC than VPE OIL, so be it. But that still does not factually mean that ITC got real ownership but a re-named VPE. Alternatively, VPE might sell off the CSG (i.e. those might get taken-over by BG) and with all that extra cash, VPE will concentrate on OIL only and take out ITC and possibly MHL to control that total "oil fairway"... ALL as mentioned JIMHO, of course. But I shall be most interested to also read mljet's CLEAR explanation on how a VPE internal financial transaction (that he is alluding to possibly happen) should suddenly enable ITC (a totally separate company for the time being) to hold those 60% of the oilfields presently held by VPE (plus the 10% of the ITC shares that VPE also already is holding, of course)?? wasa
ITC Price at posting:
5.2¢ Sentiment: Buy Disclosure: Held
