…or that they’ become convinced one is on the horizon here,...

…or that they’ become convinced one is on the horizon here, presumably to be orchestrated at a much lower price than currently???

Their last participation would’ve been at around 90c (equiv post Consol. Price)
Prior to that, it seems to be at around $9 (equiv post Consol. Price)

They’d be down a substantial amount currently. Possibly multi-millions of dollars!