Tuesday, June 04, 2019 12:13:50 PM
1. They do not want to be seen as pumping when they are about to ask regulators to approve their SAPs.
2. They do not want to alienate BP with a market cap that might go too high upon possible results if the base becomes too high to launch from. It's clear to me that Les and LP's share count are preparing for a more tempered sale price of the company (to assure offers) -- should results be successful.
JMHO.
Respect Risk. Conduct Your Own Due Diligence. Manage your assets wisely. Diversify.
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