The short answer is money.
Artemis was always going to have it’s piggy bank milked
and a capital raise is like a tip jar when the restaurant owner throws in his own cash to encourage others to throw in some of their own money but the restaurant owner knows he will only get most of his own money back + some.
Dilute, issue shares, capital raise repeat.
Why do you think no serious investor will cough up some cash?
Its always in house and heavily discounted.
They named everything wits or Comet Well west told everyone it was great and conglomerates AND ...?
You ask why would a company want to see it self go down the answer is the company has done extremely well for those not a shareholder.
Drop everything and ask about 47k patch what’s gone on there whilst you all suffered.
Dont shoot the messenger you all scream for the truth but no one wants to hear it.
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