afternoon gentlemen
not much to add except that i dont think you will see our guys backing away from this fight.
QGC maybe making noise in public about showing support for VPE but i believe they will be very aware of Odins large position and future ambitions for VPE and would be reluctant to enter the fray.
I dont consider it likely that they will move to takeover of VPE, i think they are just positioning to protect their j/v interests which would not be affected by a board spill.
I am sure that discussions between the 2 parties will occur if they have not already.
Certainly is going to be interesting from here on.
Recent BRR interview with Odin Chairman indicated that they are still buying on market and also have gained much support from their national roadshow.
Incumbent Vicpet board has very little voting stock of its own and a very disgruntled shareholder base so it will be interesting to see how the voting goes.
I doubt Odin would be willing to negotiate the sale of its holding but if it did they would book a substantial profit for Odin holders
regards
Lassatter
- Forums
- ASX - By Stock
- ODN
- now things get really interesting
now things get really interesting, page-6
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)