It is my understanding that Pala were under some distress and may still be.
They were also selling PEN very heavily not long ago. (see change in substantial shareholder notices there)
It is my understanding that Harlequin is a pioneer ELM investor and intends to see this right through to realise full value.
That is good for us.
harlequin paid 34 cents/share for pala shares, page-21
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