I think you mean Bizzell Capital and not Centec Security....

I think you mean Bizzell Capital and not Centec Security. Stephen Bizzell is connected to Bizzell Capital Partners (BCP) . BCP provided advisory services to MGH until 5/11/20 when the service was terminated. This inter-related service was disclosed in the FY22 annual report. I cannot be sure about whether BCP is conducting buybacks at this point of time. As for the share price - it is at the mercy of investors and market sentiment which is certainly not favorable towards home builders at the moment. I would also state that short term traders would see that MGH is a reasonably volatile stock and despite its fundamental strengths still moves with any of the regular articles in the media of other builder demises and house construction restraints - a perfect haven for the short term trader and market maker. It really amounts to noise in a low volume market and is generally overridden in the long term by any continuing trend of obvious value and profit. In the short term you either ride it out or trade it with the traders.