there is an argument that having more shares issued to cornerstone investors at a premium allows the register to be a bit looser (assuming they on sell them at some point) to eventually track higher. It's not always just about dilution to existing shareholders without upside. As mentioned I don't think they need it now, but I have no issue with them issuing shares at a premium at the right time to be able to develop assets. Am I wrong saying that most large companies have more shares on issue that BTR? Legit question and not baiting, it's just my thought that there is a balance between having too few shares on issue to put off the big guys taking a big stake, because buying on market is very costly to having too many where it's hard to provide scarcity. I may be very wrong as I have no real experience in this field, but just an observation
BTR Price at posting:
$1.76 Sentiment: Buy Disclosure: Held
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