ITC impress energy limited
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GS 800,000,000 shares at 6 cents. $48 million dollars for the...

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    05/11/09
    14:19
    Post #: 5876679
    GS 800,000,000 shares at 6 cents. $48 million dollars for the company.
    Announcement in previous presentation from memory.
    Free cash flow of 12 mill in a while.
    Is not that about a 25% return on your investment when we buy ITC at current prices. MADNESS and the seller is short changing himself. Maybe I am blind to some fubdamental reason ? The reserves posted are not great but anyone looking here can see the upside. All good . Don't worry about the Mice.
    ITC Price at posting: 6.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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