Because I believe he doesn’t know what he is doing in this regard. Calling an IPO, when he should say secondary offering - unless he had some other supporting info on the direction of twins. If he did,that would be a change to the charters...
After court decisions, do-overs are not allowed — He needs to be more focused and use the phrase ‘shareholder value’. If not, he is being counter productive and hindering the court warning and the President’s mandate.