things seem a little quiet in the itc thread at the moment, i must admit i have purposly not been watching the share price for the past few days.
these "sofisticated investors" have been making me nervous with their profit taking (no comitment).
so because im in for the long haul, well at least through the current 6 month drill program, i thought it would do my head in to watch the sp. like a hawk. ignorance is bliss at the moment.
mirage 2 is the first hole of many to come that will affect the sp. both up and down.
but their track record so far in the cooper, which is the most prolific onshore oil producing area of aust. , has been pretty good to date.
on another matter was doing some research and found that ITC had/has a shareholding in;
OTHER INVESTMENTS: These include Alliance Energy Limited, EON Pty Ltd, E-MATCH
Asia Pacific Pty Ltd and Alecto Smart card Technology.
i know they sold their interests in the tech companies but there is no mention of what happened to alliance energy.
i know they changed their name to Alliance Resources (AGS) at the end of 2003.
AGS has moved from .04 cents a year ago to .30 cents today.
thats a nice little earner.
the question is do we still own a shareholding in AGS?
or was it disposed of for a low ball price?
is someone able to call ITC 2moro to check and let us know that would be greatly appreciated.
cheers
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