That's correct and it could be worth 1 mil or 25 mil in 6 months from now. They don't have a answer whether to sell or not. Why do everyone think that they will sell? They could buy more as well at these reduced prices.
It's all about whether you believe in the project and management. These guys did and that why took the 5mil punt knowing that they could lose money trying to recoup this 5mil.
Ann: Reinstatement to Official Quotaion, page-121
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