Hi all, I've had my eye off of the ball lately with this coy and...

Hi all, I've had my eye off of the ball lately with this coy and the current activities.
I am correct in that the buyback is at 5c only?
Hugely disappointing for me. I don't see how this can add any real value to the SP. Why can't they just be like any other company and buyback at the market price? At least then we could get some SP traction.
As I see it, if the cap is at 5c, it will currently only take one or two people to buy shares on market to effectively nullify any upside to the scheme. What it may end up doing is keeping the SP at 4.9c for longer than necessary, where it may have otherwise escalated on good news.