What this graph fails to take into account is the massive amount of dilution that has occurred from the beginning of your chart.
You can't expect the same moves higher when the amount of shares on issue have almost tripled in that same period. For that reason, my belief is, that's a very deceptive chart & disingenuous.
You have to remember, some 2 billion shares were on issue when LPD took charge. We are now staring down the barrel of 6 billion shares & counting. Those massive moves higher in the SP, in the past, are almost impossible to play out again now.
The shares on issue affect the SP.
Who's at fault for that?
What this graph fails to take into account is the massive amount...
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