...making it more than 50% of the shares totally traded (1,789,126), my guess would be, the price would have rosen significantly and not only 1 Cent.

But the shareprice stayed in the same range as it did on Wednesday, the only difference was, that it ended at the low on Wednesday (0.101) and on the high on Thursday (0.115).

Don't get me wrong, it's a great move to see the BoD buy more than 1mio shares in two days, but how did they manage to purchase these shares without the shareprice going higher???

I remember, when I bought a big bunch of shares in October 2006, where the total amount traded was low and my purchase really made a difference and "clever" as I was, led to a significant rise in the shareprice, therefore increasing my costs.

Was I simply stupid or did I fail to have the right connections with the market makers...?

GLTA