I have no inside information. I am merely forming an opinion that the boys behind VPR are only interested in developing the CSG assets for BP to ultimately takeover VPE at a nice premium. Therefore it would be illogical to buy 100% of the oil assets. I believe VPE took a stake of 10% in ITC to make if very difficult for a 3rd party to scuttle the plans that VPE and ITC have formulated behind closed doors.
ITC Price at posting:
5.1¢ Sentiment: Buy Disclosure: Held
