Yes but there may be ways around that and this is an issue that is being fixed and many people are working on it. Moreover, whale shares virtually has nothing to do with that. Delegated steem power has nothing much to do with reward pools. It is coming out from some account that already has steem power! Nope, you are not cheeky! When we chat i will explain better! I left a comment because, you have valid concerns but look at the ton of the post starting with the headline!