Doc, I am wrong more times than right.
I try to get better every day. I used to speculate way too much and worry about things that never happened.
I know you have been on this journey with me and others so know the history. When Regal and Bombora came on board they brought some serious cash. They got a discount which many of us (me included) did not agree with.
Many of us also had the chance following that to participate in a subsequent raise at the same level. This was done to sophisticated investors as the cost and effort to go to the entire register as opposed to locking it away with a single broker is considerable.
The company had zero experience in dealing with instos at that time. Today, we have Gregg from Bombora who hold 7.3m shares.
We are a different business and I expect to see a different outcome now.
Lets judge them when we have all of the information shall we?
I guess the point I made earlier, is that right now, we have new insto holders buying shares on market....and for me, that ain't all bad.
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