Just as an FYI here is a chart to consider. I was onboard on SMN...

Just as an FYI here is a chart to consider. I was onboard on SMN (you can go back and check my posts if you wish) back when it was a lowly penny dreadful. In 2013 had a good product, was kicking goals, management were buying (repeatedly) yet it hung around under 10c for ages, even getting as low as 2.3c from memory (it never actually hit 2c). By your logic, the price means this company was failing and that management were doing 'token buys'. 

This stock eventually hit $2.99, and has stayed above $1. That's a crazy increase.

I'm not expected CNW to go that high, or even have the same timelines, I just see a business that is moving in the right direction, with quality operating cash inflows ($2million over last 4 quarters) and the market has yet to realise it. If they keep improving in the same way, we could end up with an EBITDA of $3million for FY2019 and revenues of 80+million. That's surely worth more than $15million to me, but the market doesn't agree currently, which is fine, I am patient.