Best I can tell from the charts 8 cents was a low 5 years ago in 2005. In a short period during 2006 the price climbed, finally hitting an inter day price of $2.25 and then closing at $1.69. It's been a bumpy down hill slope since then.
Way back before then, in 2003 and again in 2004, we hit an interday low of 3 cents.
So it seems there is room and history to support a SP move either way from our current 8 cents.
But the BOD knows best and it's still not doing any buy backs. The message has been loud and clear from the BOD. The recommendation is not to buy. Maybe it's also a HOLD recommendation, but that's not clear.