ITC impress energy limited

4 or so months down after rains. Fundamentals in place. Takeover...

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    4 or so months down after rains. Fundamentals in place. Takeover interest (VPE) signalled. SirED buys more at 4.9c recently.

    The rains will evaporate, the income will continue and the potential of the field further evaluated in due course.

    I just can't help but think there's an oversold bounce likely given the selling into the bad news recently never really got much traction.

    I guess everyone is looking for more free winning lottery tickets at 4c, start of some more buying interest on the depth side today ... hmmm ... oversold bounce??? - at least back to 5c???

    I'm buying all the way down here ... so one side of me wants it to go lower again!

    Regards
 
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