Sure, but the price at which the shares are available decreases with fewer available buyers. Let’s not give oil companies the money or collateral to finance their expansion.
As I've elaborated in other responses to this thread:
the lower the price is, the more buyers there will be. The company does not change as its price moves. Every decrease in price means investors will get more for less.
the lower the price is, the more buyers there will be. The company does not change as its price moves. Every decrease in price means investors will get more for less.