
Bert Stedman
81:40 - 82:01
"in essence, we own through 8STAR 25% of the sub-companies because we own 25% of 8STAR, is my understanding. And then when they go out to bring in other investors, we'll suffer a dilution issue. Issue. And the question is, how big is the dilution issue?"
“in essence, we own through 8STAR 25% of the sub-companies because we own 25% of 8STAR, is my understanding. And then when they go out to bring in other investors, we'll suffer a dilution issue. Issue. And the question is, how big is the dilution issue?”
It gets into the dilution question. So in essence, we own through 8STAR 25% of the sub-companies because we own 25% of 8STAR, is my understanding. And then when they go out to bring in other investors, we'll suffer a dilution issue. Issue. And the question is, how big is the dilution issue?
The Alaska State Senate Finance Committee heard Wednesday that the Alaska LNG project's capital costs could reach $70 billion rather than the commonly cited $46 billion, and that the state's 25% equity stake faces potential dilution when new investors join the project's three sub-companies.
