06-11-2016, 03:58 PM
Thanks katyrader. I didn't mean to imply that Cap Re would be forced to sell off their 40+M shares of OSH if the deal goes, just that they will at some point, sooner or later, rotate out of the trade and have thought that through...hence what you said makes sense in that they have the ability to move the shares. I also agree that OSH would see upside from the broader market. It's just not perceived as the same upside of IOC when there was a path to monetizing the assets and seeing cashflow from the plant. C'est la vie...
That was my point from an earlier post....how much price appreciation is enough for people to sell based on their personal situations or for MF/INST holders goals based on a realization this Field of Dreams that is/was IOC the wildcatter rocket to the moon is now an elevator possibly reaching it's highest floor? Even if there is a sweetener offered becaue the groundswell is rumbly enough to get Botten's undies in a twist, how much bigger will that be? I'd love Stavros' numbers, but even a small bump IMO is enough to quiet a lot of unruly retail holders or any as yet to be revealed MF/INST that think they can push for a better deal. For long holders OSH should carry increased value due to the resource, but for those looking to reposition after seeing the change in trajectory of IOC as a big winner, how much is enough to take your stack and go home? A whole lot closer to the current price plus a CVR valuation showing 7-8T than some re-concantenated sum of the parts valuation that needs to cross a lot of hurdles to even have a chance at existing. IMO.
That was my point from an earlier post....how much price appreciation is enough for people to sell based on their personal situations or for MF/INST holders goals based on a realization this Field of Dreams that is/was IOC the wildcatter rocket to the moon is now an elevator possibly reaching it's highest floor? Even if there is a sweetener offered becaue the groundswell is rumbly enough to get Botten's undies in a twist, how much bigger will that be? I'd love Stavros' numbers, but even a small bump IMO is enough to quiet a lot of unruly retail holders or any as yet to be revealed MF/INST that think they can push for a better deal. For long holders OSH should carry increased value due to the resource, but for those looking to reposition after seeing the change in trajectory of IOC as a big winner, how much is enough to take your stack and go home? A whole lot closer to the current price plus a CVR valuation showing 7-8T than some re-concantenated sum of the parts valuation that needs to cross a lot of hurdles to even have a chance at existing. IMO.