RE:RE:RE:RE:RE:Question Agree with your thesis, except the last three words.
Maintaining too low of a share price for too long has watered down the ultimate ROI to every long term holder ( still nice if we're right, but could have been much higher for all with perhaps 100 million fewer shares o/s)
insiders have lower risk with more knowledge, they can more safely accumulate, and often at zero cost until certainty is achieved ( eg via options, warrants, psu's, dsu's, etc)
outside retailers have to guess as to progress, put more skin in the game at all times, and hold their nose and invest somewhat blindly or on faith, in the event of dilutive financings.
if you redo the math but assume that only 200million shares were issued ( fully diluted) , your ultimate share target price would be higher by 50%.
MM