That’s a good question. If they were selling the shares on the market for cash then there would be SEC filings showing disposal of shares. There’s not.
Instead the CEO continues to accumulate shares to the tune of over 3B currently.
Why accumulate shares as well as buy shares if you expect them to expire worthless?
Because he expects them to be of value if and when they can get these projects moving.
Oil pricing rising are good to support demand for alternatives. Certainly demand was less when oil was $40
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