if they don’t need he money, they don’t need the money. The...

if they don’t need he money, they don’t need the money. The board are some of the biggest shareholders of WBT so have a vested interest in minimising dilution as much as possible. As I understand it after the last cap raise they had a 3-5 year runway, even with the accelerated R&D. By then their product should be bringing in enough revenue to at least partially cover future development costs. The SP will also be many multiples of what it is now. If they need more funds, that is the time to do it.
Just because GS or other institutional investors are late to the party it doesn’t guarantee them a seat at the table. They can pony up on market like everyone else. If they see the potential in WBT that I see then they will have no alternative. They might do it through gritted teeth but they will still do it. If this sends he SP to the moon at the same time then all the better. GLTAH.