you just seem very disgruntled about wbt and mgmt and clearly dont trust the bod . . if i had those views about a company then i certainly would not be investing in them.
i have very diff views of cap raise.
significant funds raised at 13 times prev cap raise (prev raise was 28 c but included free option so basically 2 for 1 so 14 c cap raise versus 1.70).
fact didn't have to do book build with broker etc means wbt saved 5% on cap raise costs
discount . . fully diluted was not as significant as the headline numbers you and others throw around.
bought highly credible institution investor onto register which gained significant exposure and credibility.
funds will allow significant fast tracking of discreet memory solution . . potentially worth billion plus to market cap in next 18 mths. i will happily swap the cap raise for $8 prr share.
retail investors . . yep was massive scale back but plenty of chance to by heads or options at 1.80 equivalent . 10 c above cap raise price . . 5 % above . . stop frigging whinging and buy on market and pay little bit extra if you believe in the company.
anyway diff people will have diff views . . your views means you sit on the sidelines
my views means i have accumulated 950k options in last 4 mths and made approx 700k . . lets chat in 6 and 12 mths and see whose views were right . . and whose were wrong.
i have clearly placed my bets on what i think. you place yours by not buying at these prices. see you in 6 mths.
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