That is a good recovery plan, but not sure if the project itself will gain the trust back because it really looks like some entities did a p&d type of thing.
Unfortunately its not receiving positive feedback with the community.
A 10.8% drop in the market as of this writing is not good. The community has seen the technical vulnerabilities of this project so why would they trust it again?
The buyback is not the one that will resolve the trust; it's the plan to solve the technical vulnerabilities. What is their plan for the same scenario not to happen again? It's not within their control; it's the technical nature, so it's better not to be in a hurry to buy back again until they fix the issues and avoid a repeat of the dump scenario.