ITC 0.00% 8.2¢ impress energy limited

VPE took up the stake in ITC as every other predatory buyer...

  1. 487 Posts.

    VPE took up the stake in ITC as every other predatory buyer does; aggressively at a premium in a short period during opportunistic circumstances...3 weeks of market turmoil was the window.

    If you have a fish on your line that is attracting the attention of a shark, you dont reel him in yet. You wait until you hook the big one.

    Still a way to go until the fairway is even 1/3 proven up, leaving plenty of time for VPE or another party to take up the 40% stake.

    VPE has 40%
    VPE acquires another 20%
    VPE acquires 10% of ITC

    This is trending behaviour....
 
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