Yupper, that is why they are up 7% today, and the company isn't buying shares today due to the blackout period. Imagine how bad they be going "up" today if the company could buy shares today.
Again, they had a lot of additional expenses in Q4 that they will not have in Q1, listing expenses, acquisition expenses, etc. Q1 results will beat expectations, and hopefully the listing can be completed + the company will buy more shares in Q2.
$6.00+ with HK listing. The company will continue to buy shares while under book value.