ITC 0.00% 8.2¢ impress energy limited

She may be sitting on a pile of water with probably more to come...

  1. 559 Posts.
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    She may be sitting on a pile of water with probably more to come ........
    But the Fat Lady may sing,
    The value of ITC assetts should be 120 to 140 mill IMO.
    but no return on expense to buy those assets is likely for 4 to a possible 16 months. There is a strong buyer at current 7.8 to 7.9 cents. If it is not BPT then the fat lady may squeal soon.
    Hope and hold as the downside is limited.
    Gutted Squid whats your stance and views.
    A update by Tui would be appreciated to.
    Rain continues in Qld, and Cooper Creek has water traveling in it.
    247
 
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