Agree Doniac. Thats why I said best interest of the company but not the sp. Not sure how many options the company has realistically had to raise funds any other way.
Debt is impossible until numbers stack up, con note would be huge interest and cheap conversion price. Discount to existing holders would not be fully subscribed, costs more money and takes more time.
He did what was quick and easy. Maybe anyone could do it, but he did it and it hurt sp. But it hasnt hurt the company.
Not saying he is perfect. Far from it. And totally agree if he went and was replaced with someone the market respects, then we would do well.
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