Hi AutosimeWhy is VPE the buyer of first resort?If that was the...

Hi Autosime

Why is VPE the buyer of first resort?

If that was the case they should be buying more right now.

My thoughts are that VPE was buying ITC when old Johny boy still had control, his last deal of the cards so to speak.

Might be worth while to offer VPE a price for all of there CB oil production/exploration assets including ITC stake as it would be a steal. It would also allow the new boys to go and play fantasy valuation numbers with VPE CGS in Queensland.

Just a thought.

Does any one have an idea of what VPE oil bits are worth?