How many shares I own is a private matter.
I'm not disagreeing that companies need money to operate. But they recently consolidated their shares; reduced the number of shares available; I'm not sure if it was a buy-back process; but shares were reduced by 10 folds, I believe? Company executives funded the organisation recently so that less of the company would be owned by outside sources. They've pretty much completed their research and development process. Now its field-trials;
https://www.australianclinicaltrials.gov.au/what-clinical-trial/phases-clinical-trials
They're on Trial IV. Obviously its a bit different to clinical trial for medicine, but I'm sure the process would have been as rigorous.
How much money they have? I dont know. They recently had a house-breeding/racing guy buy into the company for 1 million dollars. So it seems they dont need that much more money.
How many shares I own is a private matter. I'm not disagreeing...
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