Management doesn't care for us. Who does a deal at a 16% discount when it can be done for a 45% premium? Any shareholder that approves the issue to directors doesn't understand the implications: - adds more shares on issue (dilutes your existing holding by 16%) - adds overhang for a long period of time - gives OPY more runway to survive, but it is funding a black hole that always needs funds as the model is unprofitable - they can pay more staff at our expense and sell a dream to brainwashed shareholders
