Ok having taken a chill pill and some time over the weekend to really think about everything that has played out here, this is my take on it currently. Not sure if it is gut feel, or wishful thinking, but I have to believe in something!
1. WBT is not guilty of intentionally duping shareholders.
2. WBT is hoping to catapult the share price into the stratosphere in short order (perhaps around the SPP cutoff)
3. Our new investors will not be looking for a wobbly share price as a result of this raise.
4. If we think we have problems with the effects of the SP fluctuations, imagine:
a) How Coby (and Dadi, and the other Top18) must feel with his Top 20 shareholding taking a southbound train - millions of $$$ disappearing in the blink of an eye - they will be hoping to restore those numbers quicksmart!
. b) The new investors only make $$$ if the price goes up from here, not down.
. c) They would have done their due diligence and got to understand and question the business plan, strategies, and steps to commercialisation, volumes, and profitability, in a much more intimate way then we will ever be able to.
. d) The funds are going to take us higher faster and earlier than we ever originally expected.
. e) Short term pain for long term gain.
. f) The new shares give liquidity, and I am guessing they will be onsold when ready, to US investors/companies that are already chomping at the bit to get a piece of this
. g) One day our two figureheads will be immortalised as legends of this decade
. h) This one's for you Coby! Hope you read this!
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