>>83448787Anon, there was no “long term poison”. The amount of shares in the hands of investors before and after remains the same, with the only difference between current Cover and 2019 being
1) 1.4% of their owned shares are in the hands of the market
2) Their revenue went from 1.4M yen in 2020 to some 15 times that number in 2024.
That means they have customers (for merch, events and promotions) now and no longer rely on donations which dramatically shifts their priorities