geoffmana. yes that was my purchase. it was good because i only came home to check an email and checked my shares as well. i hope my instinct is good. the way i see it, is that if they are commited to buying back these shares. now as someone has posted 20% then that should force the price well into the mid 12p to 13p range. it is virtually guaranteed. oportunities do not come along like this very often. also today my other largest holding pipex broke from its trading range. days like today make it all worthwhile.