I agree with your sentiment.
Right now there is a reasonable number of shares issued, performance rights, options and convertible notes.
This leaves plenty of room for beneficial SP growth when Market Cap moves towards $1 billion.
Let's not forget Barry has stated several times but most recently on the Samso video that he is also a shareholder and wants to see growth not unnecessary dilution. Other board members have also bought a lot of shares so likewise for them. Let's not dilute the company shares any further than necessary, so I would see straight debt finance becoming the sensible path moving forward.
Currently the MC is very low so you could buy on market right now cheaper than any CR in the future.
The amount of director buying on market has been outstanding especially Gary's contributions. Positive proof of what I have stated. Personally I am very happy with directors efforts.
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