Why not hold? For most of we long termers there is more upside than downside.
On the other board of course the nay sayers are questioning why someone would buy the private placement when the current price on the general market is so low.
The answer to that question lies in just how many shares are currently listed on the "ask" within the price parameters of the private placement. There are only about 250 K. The private placement is for millions of shares so anyone wanting to take a major position needs to go that route.
I too, have "averaged down" so lets hope things get better in the future.
In the meantime I am having a nice day with KXL/SGX
Onward and Upward