Its either Fred giving his mates a "leg up" or as you have...

Its either Fred giving his mates a "leg up" or as you have pointed out above its a bit of a suck and see investment.

Either way I don't see see it being an issue if they bring the tech to market. They make more we get something and we all move on.

You have said multiple times the "tech is far away". Working on that premise why would them dump 500-1m for the foreseeable without the kicker?

Risk and reward.. Retail raise and we would be at $3.5