In the interest of existing shareholders (ie us and himself) the higher price he can cap raise at the better... that is kind of his job. To progress the project and raise capital as efficiently as possible to progress (ie at a high price).
I don't really understand your vent on manageent. Your comments are very inconsistent, some are pointed with significant insight, some are just out there as offensive call outs. Does it depend on the ramp direction of the day?
i would think fidelity are here for the A$3-5bn market cap opportunity and not worrying about entry at 58c vs 42c. i could be wrong but i presume they invested based on the mid term opportunity and not the 6 month trade.
BSX Price at posting:
42.5¢ Sentiment: Buy Disclosure: Held
