I totally agree but this small piece of reflexion I wrote is aimed for everyone to read in Steemit. I didn't want to get into details to avoid to bore to the casual reader.
Obviously, the share drop is only responsible for a part of the price increase.
There is a lot more going on but I figured the ones who already knows didn't need a reminder ;p
If I get some votes on this one I'll consider writing about the Ronny project ... wait ... empire ... wait ... decentralised conglomerate ;)