Ann: Q4 FY23 Investor Update and Q&A - Presentation Materials, page-5

Dont think they will do a buy back for NCC as they would rather maintain their dividend rather than risk cutting it, the stock is rather illiquid and gets pushed around a lot. Given the nature of their holdings there can be large gains to be made but also the risk that comes with it hence why some may not be at ease with their investing style. As a holder I am hoping it will re-bound closer to NTA just wish all those sellers at 0.70 would disappear, what are they doing playing a game of lets see how many bids we can capped off at 0.70 very odd.