Most spec companies raise capital once a year, shareholders...

Most spec companies raise capital once a year, shareholders actually voted this one in by not voting, passed at the agm.
If you did your calculations before taking a stake you would have seen how many shares on issue there is and the potential future dilution and understand that 50c Is a big fantasy.
Just building towards a buy out. Dilution doesn’t matter if someone is paying at least 25c+ for our shares.
As you said, some haven’t seen a return.. but if you pulled the trigger at 10c plus and have held this long only to complain and not make use of discounts while waiting for your money to come back whose fault is that. Others with a trading plan are still sitting on huge gains and taken profits along the way. You can’t please everyone and someone’s win is another’s loss.
Fundamentals continue to grow, it’s just the bitter with an issue.
Selling sets you free