RE: No Buying at 0.12 Yes once again the Pala conundrum resurface. You would think that someone with hundreds of million of dollars invested in a company (for example Pala has about $150 million or more invested in MLR) would be pro-active in getting some value out of their investment or at least cut their loss. The fact that Pala seems to repeatedly invest at lost is indeed a conundrum.
The present situation with MLR is the most frustrating. On the one hand one would want MLR management to act and invest their funds, promote the company value and have the share price move, on the other hand management will argue that they are exploring different avenue to profit the shareholders and have not yet found a suitable investment for MLR. It’s the perfect catch 22 and you are stuck in it. Mean while time goes by killing any chance for the warrants to gain any value and you investment is frozen in the black hole that MLR is.
Goodluck
D.