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4,837 Posts.
164
13/12/10
23:08
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Wally,
ITC have only 32% of the fairway. VPE have 68%.
This fairway will, after the rains go away, provide VPE with an enormous sustainable revenue.
I cannot believe that VPE would ever sell such a prized asset. Paerticularly when world oil production is declining by 6.7% per annum.
Vpe's value is over $1.30 per share.
How often does AFIC invest in a minnow? Have a look at the shareholders.
It has taken a while but I just go for the story.
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