Look guys and girls we are all on the ITC rocket ship, the news is good, we hope for successful flow rates, we have VPE being I believe disingenuous and a dropping share price.
To to complete the picture we have a possible lower oil price over the next few months and the XJO experts unable to decide if its an up or down (although T Laundry says up in the USA).
My view is I like ITC, I like the Directors/ managment and there extremely positive personal investment into ITC, I like there exploration philosophy, I like them being self funding at these oil prices and I also like the onshore Western Oil Fairway with 3D (yet again a VPE failure to deliver on time). All good news!
So stick to your knitting and like me look to buy on weakness.
ITC Price at posting:
5.3¢ Sentiment: LT Buy Disclosure: Held