announcement out, page-23

Wasa,

My appetite and price level are as much a reflection of my ignorance and superficial research on ITC, as they are of a valuation. Trying not to lose money like everyone else atm, greed long gone. Atm I am prepared fundamentally to pay for 720 kbo at A$20/bbl.

As for sp? If the market or poo or ITC tanked for some reason it might be interesting to put in an opportunistic bid in the low 2's. Probably 4 before it's 2 though????

Atm tin rattling clearly going to hold it back.

Anyway I seem to recall from your posts on other stocks that you are pretty astute in these matters.

EL