Fishy's 20 bagger, page-31

He clearly doesn't understand the concept of dilution either, too busy watching the SP all day.

I can't remember the MC when this was listed, I think it was around $30M

The current MC is $12M.

Clearly, many people on HC don't understand the primary purpose of a stock exchange. Because if they did understand, they wouldn't be in the forum crying all day long.

Many companies on the ASX raise money to go on a wild goose chase, pay salaries to do nothing for months or years on end or constantly chase the next hot commodity, with nothing ever coming to fruition. W2V has raised money to support an essential service, a marketable product that works & has paying customers. So there's a big difference between a CR with W2V & a speccy mineral explorer or bio-med developer. In bio-meds, the company could spend tens of millions of shareholder cashto develop medication that doesn't work or doesn't have great efficacy. Perhaps it doesn't pass FDA or TGA approval. Millions spent for nothing!!

Millions are being spent here to grow a company.