ODN 0.00% 0.0¢ odin energy limited

odin wants reps on vpe board, page-2

  1. 10,730 Posts.
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    hi lassetter.

    this is very interesting, i actually have a bit of time for eddie smith, he is a good lad from my dealings with him although crikey he must be 70??? also johhnny kopcheff whom i know nothing about i hear from my contacts is a pretty ok operator as well.

    maybe eddie will join forces with odn as between them they probably have about 8 %,

    interesting scenario i suppose as vpe shareholders clearly are fed up but neither odn nor eddie have enough clout i dont reckon to be able to replace the directors, and i'm not sure odn have the cash to buy a bigger holding to actually gain control i dont reckon. imo they would probably at least need to get to about 15% to gain control with the shares vpe have on issue.

    its a great situation unfolding though.
 
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