this doesn’t show any commitment from the board they bought shares for 45c anyone and everyone would do that if they had the chance. As a shareholder we would have been much better off if they let their options lapse but that would be idiotic of them. This is a pretty common process and to be fair one of the more reasonable ratios of volume, price and expiry for a growth stock. BSX for example is much worse.
Their participation in the recent capital raise @$2.80 shows support albeit small considering the ratio and slow burn nature of progressive announcements that if it is a flop there will still be plenty of time to pump and get out.
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