ITC impress energy limited
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where's the vpe takeover guys?, page-8

  1. guttedsquid
    5,929 Posts.
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    18/06/10
    11:01
    Post #: 6815083
    Good question MLjet but I still think a takeover will come.

    They now have more time to free up cash with their CSG assets.

    They have just purchased PEL 182 further up from us. If that isn;t a further intention declared I don;t know what is.

    This won;t look good on their books now in the red and a sizable assest to boot.

    This is a material purchase for a material reason.
    ITC Price at posting: 5.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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