With such a closely held share register if they actually bought back the number of shares that they issued in the capital raise then I expect there wouldn't be enough bulk supply on market and the share price they would have to pay would end up being greater than 21c. That all assumes they actually ever do it..... I'm still holding some xpd but glad I took some profit when the price spiked to 14.5c and reduced my entry point. Gives me some breathing space to weather the poor share price performance.
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