Ann: Appendix 3Y - Dr Daniel Tillett, page-24

I have always viewed it as the more you have in early, the less it needs to increase.

T putting more in now tells me he see’s value at the current MC over and above other investment classes or stocks - might be an easy 200-300% gain on anything you lump in.

Could also mean $80, $100, $150 per share etc may not be anywhere near realistic, as if you were confident of these numbers you wouldn’t need to put any more in and could use these funds to better fund your current lifestyle, family etc.

$1.598B vs $1.65B isn’t worth stretching yourself now and using up buffers at a time of high inflation and economic uncertainty.

However if you viewed sub $20 as realistic you might keep investing in case it doesn’t moon.