Looks like $3 is the new $3

Hard to fathom really after ann of exclusivity period agreement. Seems to be a magic number.

Perhaps it's Lanstead's favourite number. You know, buy them (through funding agreement) for 3 then sell them (to finance the buying) for 3 whilst all the while protecting your substantial holding (most of which probably obtained significantly below 3). Especially now that a deal that should substantially eclipse 3 is in the air. Not bad if you can get it for their sort of business model.

[Perhaps they could even sell out to the partner should the deal eventuate.]