I wasn't going to take up my entitlement offer. I got the call...

I wasn't going to take up my entitlement offer. I got the call yesterday and fobbed the guy off because I was busy. So, I looked at the offer and it's such a piss poor amount of money compared to my sunk cost I thought, what the heck, in for a penny, in for a pound. The market is the market but at the end of the day these drug discovery companies bleed money and they have to constantly raise capital at all stages through the speculative cycle. The money is going into funding the research so even if it is all lost there is still merit to funding the research.