RE: RE: RE: my read of situationIt is indeed painful for those who bought in earlier at prices well above the current level.
That includes Dundee who recently invested nearly $20 million at $1.50 per share.
So, you are in good company.
But, that doesnt mean that buying now is not a great opportunity.
it is.
Somehow, I cannot foresee Dundee making that big a mistake and not having a large input to the last round of financing.
Many of us have positions Melior as well, in anticipation that they will be Pala's footprint in the financing.
In other words, several ways of distributing the risks.