ODN odin energy limited

odin wants reps on vpe board, page-44

  1. 618
    3,621 Posts.
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    do u intend to vote in favour of odn resolutions ?
    if u dont mind me asking


    Not at all. It's hard to make such decision when I am not even clear as to what Odin's intentions are. If they plan to take full control of the company without executing a full takeover (presumably merger is out of the question as I don't think VPE holders will agree to that), then it comes down to a simple matter of price :o) Everyone and everything has its price.

    If i am right in my belief that Odn may takeover/merge with Vicpet and consolidate some of the players in cooper basin then Odn at 14c is a screaming buy, imo.

    That would also depend on how much Odin ends up having to pay for VPE in the event of a takeover. And I certainly won't be parting with my holding cheaply!

    618
 
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