RE:Too many shares......For an oil company that will produce 25,000 barils per day very soon, you can consider it as a midcap rather than a junior. And also with a reserve enough for more than 10 years+ at the rate of 25,000 bopd IAE should worth around 2 billions based on what we can see on the M&A in the North Sea. That means 6$+ per share with 317 millions shares outstanding. I will wait for that moment to happen sooner or later. My guess is within 12 months from now. Short term with the result of A2 by the end of november it should bring the SP to 3$+.