I don't agree - they were happy for the sp to appreciate to get sp performance shares. I think they knew it would take a while as the tech was still being developed to a point where it becomes effective. I think sales are speeding up now because of that. All good if its a small raise, but for same % dilution could have got 3x as much in Jan. I think the team didn't want to raise knowing it would take a while because then they'd have pissed off the broker. Not saying its a bad strategy, but as usual retail gets treated differently. Encouraged by more frequent sales.
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