ITC 0.00% 8.2¢ impress energy limited

Jess,You are so right. The market has yet to comprehend these...

  1. tui
    4,837 Posts.
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    Jess,
    You are so right. The market has yet to comprehend these sort of figures. And what's more is that it is sustainable for many many years.

    I hold both ITC and VPE so will be very happy with whatever deal Eddie and Ian Davies come up with.

    Imagine having a share in a company that grosses ongoing revenue of about $A100 million per annum just from its' oil assets. A takeover of ITC by VPE makes sense for both ITC and VPE shareholders.

    But if I was Ian Davies I would await certification of VPE's CSG assets. That to me is the reason VPE purchased a 10% blocking stake in ITC. They can take their time and wait for their sp to rise in light of some significant CSG certification....and then do a deal.

    Plenty to look forward to.
 
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