I remember Kenny telling us a long time ago that the new floor for IOC was $75. Nothing is permanent. I believe we are going up, but since Kenny, don't hold much stock in a "floor" for the stock price.
The act of doing the deal, whether good or so so, will establish IOC as a bonafide ng/oil company with a history. It will raise the bar and in doing so will establish a new, higher floor for the pps. Going foward will only enhance what is accomplished over the next few weeks. Who knows, if a complete sale of the company happens we'll be done, but I highly doubt that scenario will occur. However as I've posted elsewhere a new floor will be established and should be maintained and only go higher over time.
Of course the "deal" will change everything. But of course, we are not quite there yet. I fully expect that when that happens, the 60 level may just be a bad memory. Still, I was, and remain just a bit leary of "floor" talk. Sorry, just don't need it, and don't believe in it.