If it is 'taken out private' the new (private) owners will need to buy the company off the current owners i.e. you. So you won't lose all your money unless they pay £0.
Yes we know there's a sell order or overhang being worked through, that's whats allowing people to buy at this lowly price. However once that's cleared..
MM's taking full advantage of the weak to restock. Plenty of twopenny traders bought yesterday without knowing wtf they are buying so will sel out on command.