The problem here as I have been saying since 2016 is that any returns will not be shared equitably by all the long standing shareholders in proportion to how much capital they have put in since inception.
As each CR occurs the new "investor" (at each point in time) suddenly gets just as much access to any upside as the punter who has stuck with it for a decade...
The only way this doesn't happen, is if the development of such a product occurs within the structure of a venture capital outfit or a government owned entity (like CSL once was) ..where dilution doesn't continue to occur...
Does everyone now understand this fundamental difference? because this bloke (in the above video) doesn't seem to...
He says he "understands the angst"..?
(He has said that - or something similar - for over 8 years!?)
Does he just blame the RI?!!!!
I mean give me a break?!
Just MO!
The problem here as I have been saying since 2016 is that any...
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