Eddie will not buy out the company. His strategy and he has very open about it is to eventually have the company bought out. It is actually written in one of their annual reports.
I think Eddie has seen the writing on the wall and obviously has been setting himself up. He got out of CPN which released millions of dollars and so he has just accumulated ITC and continues to do so.
My bold prediction is that ITC will not last the next financial year. The two companies I think may be interested are BOW, unless they want more CSG assets and Odin. BOW recently withdrew from having a crack at RPM and I think it was the same day that we released the flow results of G3?????????????????
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