ITC impress energy limited

share purchase plan, page-2

  1. 3,935 Posts.
    Perhaps you now understand my earlier comments re cap raising.

    These guys are issuing too much paper and although they have increased their Cooper Basin interests, they have heavily diluted shareholders positions.

    Overall still looking OK but not as good as they could have been had they waited for drilling success before throwing the paper around at these low prices.

    It will take drilling success and months to trade these share up.

    MT
 
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