04-19-2013, 07:39 AM
David
The companies strategy for years now is:
1)Split the stock so it trades into the twenties post deal. Maybe a 5 for 1 split STOP THE MANIPULATION.Higher float count.
2)List on the Singapore exchange to let the Asians who will have invested in the Interoil project a chance to own the shares
3)Issue a cash dividend to shareholders with any excess funds.
4)Sam Tibbs model might be a new wrinkle . When I looked at the numbers the sharebuy back was most accretive to present shareholders. Buying back shares is a great idea because those bought back shares can be used to fund with shares the executive option program or said another way to lighten up the dilution of the option program.
Take a look at IOC share counts and you can see two numbera -1) current outstanding shares and 2) fully diluted shares. The stock buy back can cut down or even eliminate that fully diluted number.
The companies strategy for years now is:
1)Split the stock so it trades into the twenties post deal. Maybe a 5 for 1 split STOP THE MANIPULATION.Higher float count.
2)List on the Singapore exchange to let the Asians who will have invested in the Interoil project a chance to own the shares
3)Issue a cash dividend to shareholders with any excess funds.
4)Sam Tibbs model might be a new wrinkle . When I looked at the numbers the sharebuy back was most accretive to present shareholders. Buying back shares is a great idea because those bought back shares can be used to fund with shares the executive option program or said another way to lighten up the dilution of the option program.
Take a look at IOC share counts and you can see two numbera -1) current outstanding shares and 2) fully diluted shares. The stock buy back can cut down or even eliminate that fully diluted number.