It depends on own Investment strategies.
Do you prefer to bet your money on early stage at a heavy discount, or on production stage at a small discount? Like FMG at 10c or at $7? But you've always coped with the risk even you invested in a later stage as FMG also dropped to $1.7/share.
My prefence is to take a position while reward/risk ratio is compelling.
Good luck.
Cheers.
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