Do you sheeple think there is any nefarious incentive to keep the stock price pumped up?
Go where the money is and invariably you will find the lowest quality humans on the planet.
They are here on this board.
Agree IOC needs $ for project funding. To raise, you either sell an asset or borrow against it. Same result. Actually better result if you borrow and do not max the line out. Saves more asset to sell after value is added through liquefaction.
Agree, and the irony is a billion dollar shelf even if they move the shares isn't even a down payment on what CSP and LNG Infrastructure would begin to cost. And even if they got a F.I.D., which they won't, it's 5-7 years from F.I.D. to having product to sell.