RE:RE: Energy Summary Frank,
Why would FEC/Catalyst intentionally want the share price low? Who is buying this low cost stock so that it benefits Catalyst? Since they are in the process of selling $18mm worth of stock at $12C, not buying more and have not been buying for years. Their % ownership has increased because of the share buyback programs and not selling any shares until now.. Since so many shares were tendered, Catalyst should still own close to 41% of the company once this deal is settled. And combined, Catalyst and Gramercy should surely still control over 50% of the shares.
If the plan is to sell a company in whole or in parts, wouldn't FEC/Catalyst want the share price high? Wouldn't be far easier to get $2Bil for FEC (again in whole or in parts) if current market cap was already U$1Bil or more?