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Mortimer Randolph

03/31/22 12:56 PM

#13584 RE: Valuepeanuts #13583

Ha. Sure. Got me. Although hard to look at this strictly on a quarter by quarter basis after all 4th went down yet 3&4 combined went up. From what they’ve already announced Q1 2022 will be strong plus we’re still waiting to see what they’re going to do with the raise. Relative to the cap raise the money they’re spending is insignificant. I know many of you don’t have confidence in their ability to steward capital but I’m hopeful the recent changes and additions will bring smarter choices and healthier returns.