Gee ralom, for a dentist getting the point across to you is like pulling teeth.
You are looking backward and trying to extrapolate forward.
Yes its been OK for the 25% in the past but that is prior to the current dip of the snouts in the loan trough. Its getting close to the big goal and that changes what happens. Management start thinking about maximising their personal payday and what they will do next after their train comes in. And they seriously think of it as their train, not yours.
Lots of friends rock up wanting "in" all of a sudden and management start to look to get rid of as many retail holders as possible through dilution since we are good for the funding when nobody else would loan the company funds but hardly the type of folk you want to keep around when you in the big league with the instos. The registry simply has too much rabble on it when you have to hob nob with big pharma for a deal.
So, you dont want to make it much easier for them to do that by a 25% dilution capability, do you?
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