itc 40% share nearly official, page-2

The other down side to this is the issue of a further 35 mil shares to ETE. This will make 370 mil on issue. This is my only concern albeit over 100mil shares are owned by Tacnas /ETE , eddie smith and jendry. These shares won't go anywhere given the program. It creates an overhang but may help ITC get some big companies on the register with further success, tempting them to buy out these allotments hopefully at a large premium. I still think its a monty.