RE:Completely undervaluedAgree with most points.
My comments about dilution stand.
Shareholders have many risks and issues to deal with.
Macro- economic risk, micro/ sector risk, stock market risk, company specific risk, and if that is not enough, unless they manage their own money shareholders must pay fund managers 1% to 2.5% and sometimes much, much more with % perfomance bonuses.
Then on top if it, what shareholders invest and risk can get inappropriately diluted, reducing their investment returns even more.
It all adds up and impacts shareholder returns. It goes on and on over time because shareholders are divided, lacking common voice.