ITC 0.00% 8.2¢ impress energy limited

vic pet not to make take over, page-12

  1. 9,660 Posts.
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    asx360/others: In my view, VPE does NOT want BPT to get those grounds from ITC. But they have to wait with a full take-over offer until their sp revalues due to CSG, which may mean a few months away. Then they can make a cheaper scrip offer than at present...(cheaper to VPE).
    Purely for ITC shareholders, it would be best IF BPT now makes a substantially higher bid for ITC, forcing VPE's hand early.
    All JIMHO, of course.
    wasa
    P.S. Title of this thread should rather read "GAME ON" in my opinion...
    Wonder if people will still be selling at 8.2c tomorrow ?
 
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