I can't say I agree with this type of "investment" behaviour,...

I can't say I agree with this type of "investment" behaviour, from CTP or any company for that matter.

I would much prefer if they used shareholder funds to develop their own projects, put it in the bank where it is safe, or - if they don't need the cash in the medium term - institute a share buy-back or pay a dividend.

After all, If I thought MHL was a good investment, I would buy some of their shares on the market. I didn't give CTP my money so they could go and speculate on the success of another company... I'm quite capable of doing that myself.