Looks like a load of people are dumping to make quick profits.
Assuming they are bought by SuperNET, once the buy wall's up, does that simply increase SuperNET's share of the assets or does it have an antidilutive effect for everyone?
I am pretty sure the buy wall will be on the NXT AE rather than BTER.
And no, that NAV doesn't change based on who owns the shares. I assume he will work like a market maker... buy at NAV and sell at some small amount above NAV.
Much as I hate to quote Wikipedia:
"Share repurchases are an alternative to dividends. When a company repurchases its own shares, it reduces the number of shares held by the public. The reduction of the float,[6] or publicly traded shares, means that even if profits remain the same, the earnings per share increase. Repurchasing shares when a company's share price is undervalued benefits non-selling shareholders (frequently insiders) and extracts value from shareholders who sell."
I guess it depends what's done with the shares and how the buyback is funded?