04-24-2013, 10:22 PM
Disclosure: I voted in the $1.26-$1.50 camp. I will be jumping for joy if the deal is over $1.50/mcf.
The main reason that I am voting "low" is this: the stock price !
I am struggling to reconcile my "the future is so bright for IOC that I'm needing sunglasses" outlook with the fact that the stock price is essentially unchanged from 2 1/2 years ago (when they did their last capital raise). I know that Phil has stated that there is a huge disconnect between the value of the company and the stock price. So... why are the "big money" investors not rushing in to stake a claim on this goldmine !?!? 'tis a puzzlement !
The main reason that I am voting "low" is this: the stock price !
I am struggling to reconcile my "the future is so bright for IOC that I'm needing sunglasses" outlook with the fact that the stock price is essentially unchanged from 2 1/2 years ago (when they did their last capital raise). I know that Phil has stated that there is a huge disconnect between the value of the company and the stock price. So... why are the "big money" investors not rushing in to stake a claim on this goldmine !?!? 'tis a puzzlement !