04-30-2013, 12:02 AM
'jft310' pid='21657' datel Wrote:This is a what if..Would JP Morgan loan money to Interoil to buy shares in the market to dry up the float and use those shares as treasury stock to pay for the executive stock options as they exercise and hold some of their shares. Keeps the dilution under control as everyone will want a payday .
Aren't there a couple million stock options hanging out? From Oct to 12/31, IOC traded from low 70s down to low 50's. This would be a brilliant move by IOC if it's not a clerical error by morningstar. Did IOC become their own new whale, drying the float and will add dynamite to the squeeze and fund their stock option obligation?