ITC 0.00% 8.2¢ impress energy limited

i'm out also...all sold, page-3

  1. 13,039 Posts.
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    247247: Same as for guttedsquid earlier on already, a bit "saddened" to see you leave as well.
    Yes, indeed this ITC board is a very pleasant one with a good interchange of ideas.
    For me, I plan to stay on (for the time being), as I simply do believe that VPE will NOT let this one get away to BPT for a measly 8.25c... Floodings and time delays do not matter in the longer term perspective - in fact the value of the oil in the ground is more than likely to go up over the respective time period.
    Moreover, the fact that large volumes of ITC are being bought at near that 8.25c level indicates to me that some (clever?) punters take a position ahead of a counter-bid or alternatively that an interested party is taking resp. enlarging (perhaps indirectly) a stake in ITC?? Time will tell as usual.
    Pleased to hold ITC at this point in time.
    wasa
    P.S. to 247247: Without intending any "cross-promoting", I would still be curious to know where you will "park" your windfall from your ITC selling ??
 
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