VPE took up the stake in ITC as every other predatory buyer...

VPE took up the stake in ITC as every other predatory buyer does; aggressively at a premium in a short period during opportunistic circumstances...3 weeks of market turmoil was the window.

If you have a fish on your line that is attracting the attention of a shark, you dont reel him in yet. You wait until you hook the big one.

Still a way to go until the fairway is even 1/3 proven up, leaving plenty of time for VPE or another party to take up the 40% stake.

VPE has 40%
VPE acquires another 20%
VPE acquires 10% of ITC

This is trending behaviour....