I do understand they can impact the price, that is the whole...

I do understand they can impact the price, that is the whole idea of any coy buying their own stock on market via a buyback. ALF is trying to reap value in buying own stock below NTA and close the gap between NTA and market price. They can capture 100% of the volume on a day without issue.

Ending here that you should give up and go read some informative books and market reports. All the best with your learning experience.