X's move why IO doesn't hold E3 shares?Now if X buys E3, that in-turn, effects, their structured 70% IO ownership.
IO paid for the $6m Option, the day of the news.
No shares taken.
As of now, could say it was only a loan, for having resevoir model info to X.
Never had anything else making more sense.....
Today X says they're looking "world-wide".
Every major region has/is, already consolidating.
Other than AB.... : ))
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