I believe that stock offerings are always sold at a 5 to 10% discount to an average PPS. The offering was sold as was the 975,000 overallotment which says that people in the know with big money liked the deal. Mgmt has bumped the quarterly divy by a small %. UPL's mgmt has said that they expect a LOT of NG usage in Cal this summer due to the drought conditions negating hydroelectric generation so UPL will be selling lots of NG to the west coast markets through CORR's facilities. Lots of reasons to own and hold CORR.