IT would seem that the buying of shares by jk ect may possibly be good old fashioned insider trading. This JK may know more than most of the ins and outs of the new 3d, what else could be coming in the short term, when the roads may open (sooner rather than later), when the drilling may start(sooner rather than later), what may happen on further drilling success and so on. Buying ITC shares at these present low levels, is far better than buying VPE shares at 6 times this price or even converting VPE Options. They may also serve well at a later date IF there is a takeover, but if this JK knows as much as Sir Eddie and co, or more importantly Sir Eddie and co know as much as JK, then I doubt they will sell below what they KNOW the shares are worth. We may find that this latest buying is a best case scenerio for all share holders. This JK and associates may just be using their knowledge to make a quick buck, but it would seem that All ITC holders who hold right through the drilling may have the biggest Smiles!
ITC Price at posting:
5.4¢ Sentiment: Hold Disclosure: Held
