ITC impress energy limited

merlin pays dearly !, page-9

  1. 2,834 Posts.
    Graham,

    I'm going to call you on this.

    "For various reasons , Entek are going to open nearer to 10c ....... It is a harsh life being an IPO."

    What reasons ? The current valuation of ITC, Roma and Vicpet seem to imply 12.5% of that Cooper dirt is worth more than that. In addition, I suspect Mercorella will be a net buyer at below 20.

    Ian Whitchurch
 
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