07-11-2012, 03:52 AM
I will value IOC by the speed at which it moves from catalyst #1) XOM deal @ E/A to #2) JKM deal @ TT. But the real catalysts are the OTs, and the manner in which IOC may want to actively "screw" the shorts through a financial restructuring, e.g., a stock repurchase, a dividend and / or stock split with listing on an Asian exchange. Still waiting for an integral business plan to be announced.

