THE ONLY SERIOUS QUESTIONS ARE WHAT PRICE WILL DEAL BE AND WHO ARE PARTNERS & TERMS.
It's obvious that IOC has bids from supermajors and those bids are going to be at good prices. Shorts are trapped and desperate. Shorts include hege funds who are powerful and hire people to post on this board with the intent of scaring weak and impatient longs. Shorts buy shares from frightened shareholders and close their position. Shorts also continue to short although that only extends the date of their execution.