Didn't Princess and someone there get millions of shares of TECO stock in the Joint Venture agreements? That seems to be the norm for TECO ventures to offer shares of stock so that as the project becomes successful so does that participant. It would be interesting to know if any of those Princess people sold during the 2012 oil announcement or if they held those shares long.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.