I'm not in disagreement with you here. It was almost as if it...

I'm not in disagreement with you here.

It was almost as if it was a nervous sweetener to absolutely make sure they could bed down the full raise. Also, Evo Cap involvement was a red flag. Meh, again, I care less about the minutiae of these deals and restate that this will be a footnote in the history of the business - once they are an operating entity generating cash. Let the flippers have their fun. Conversion will also help bolster cash.

There are quite a few disgruntled holders upset at the instos and 708s getting in cheaply. Everyone had a chance to reduce their price risk as much as possible and buy the ridiculous bargains on the offer from 5-6c upwards. I built my entire position sub-20c by buying monthly tranches over an extended period. Anyone stranded at a significantly higher av price only has themselves to blame. Own it. Sorry if that sounds harsh, but it is the truth.

Rather than cherry-pick like those with a proclivity to constantly complain, I slept soundly last night knowing that an A$100m capped company (with no balance sheet) has just raised A$265m with 92.5% via debt. And is about to transition from a developer to a producer in a little over 12 months. And I am here for that transition. I want a "Wenty Special" and absolutely believe I can 10x my money here (as a minimum). I don't care what others do for pips. Each to their own.