Incredulous, page-11

...and now we know the reason this stock hasn't been over $1.20 in the last 12 months... To prime the shareholders into blindly rejoicing a low-ball offer. Yes, I've made a profit...but also tied up capital here while other stocks have moved in the past year. In fact I've reduced my holding because of this relentless 12 sell down. We take on a lot of risk in the speculative end of the market... and that risk should be rewarded with bigger rewards.

This post by @Lies&damnlies is worth considering...
https://hotcopper.com.au/posts/31263205/single