It's not strange. There's a 25% dividend yield on the stock currently. Everyone knows the potential upsides: Tri-way continuing to grow well, loan (2 others beside syndicate loan), finally ending dilution etc. It's just that now when you buy shares you get paid 25% on your investment to wait for these milestones to take place.
Obviously may not be enough for you to buy but it is for others so it is not surprising.