In the last CC they mentioned the creation of LNG offshore, which they would be a major shareholder. It's possible the shelf filing has something to do with that. I don't necessarily think this will be dilutive to shareholders, but it's hard to tell without the details.
If you thought that a quarter was an important time for Window Dressing, October 31 is a much more critical date as it marks the fiscal year-end for most mutual funds. So these stocks that are held at that time are what will appear in the fiscal year-end report.