value of that vpe interest, page-2

Tobo

I think you've nailed it mate

Odn sp trading under value of its assets largely imo because of the ANZ/OPES debacle which it would seem has now passed.
VPE asset is still well undervalued in itself with the CSM sector hotting up big time. VPE's CSM assets in time could be worth $80-$100m imo and their conventional assets up to $40m or $50m.

Odn recently did a BRR interview that mentioned that they are in discussions with Blue energy with regards a merger proposal with GOG, dont know how far they have got with that but could prove interesting.
The Co has recieved a lot of support for its plans from institutional investors and the broking community, the priority atm will be to recapitalise Odin (preferably in a nondilutionary way) and get on with the task of consolidating cooper basin assets as well as working on creating value in Vicpet imho

cheers

Lassatter