Realistically, most would take $1.50 cash right now. I probably would. But that's not on the table right now. And I (probably like most others) am happy to hold until the market turns and the SP reflects the true value (which is well north of $1.50). With IPM's approach this is looking almost certain (I would be less confident that COE would appreciate as much).
The scrip offer doesn't interest me at all.
IPM
incremental petroleum limited
market disconnect paradox, page-4
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