I dont work for the company Gucci. I am explaining my investment rationale as simply as I can state it. It might come across as uncaring about so called long term holders - maybe because I actually dont care about long term shareholders, I dont expect anyone to care about me either.
The fact is that that newer shareholders are buying at 4cps not 30cps - and the company is in a far better position today at 4cps than it was 2 years ago at 30cps - isnt that amazing?
New investors will support capital raises at current prices because they will see the upside ( from current prices) they too will not care about people who invested at higher prices.
This is how markets work - If this is new news to you I'm sorry. I'm not apologising for the company's past - I am trying to benefit from the company's future.
atb
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