even if your first scenario was the truth (brian trying to accumulate more of the company at cheaper prices) - long term this isn't really an issue as he ultimately wants to get this company to as high of a value as possible in order to sell it, so whilst thats not ideal short term for us our interests are still very aligned long term.
This thought has crossed my mind but i think if you actually calculated the actual returns it wouldnt really change, as even though he would buy more at cheaper prices the dilution effect would reduce the benefit of having a larger % ownership of the company
Ann: Drilling Confirms Copper Mineralisation at El Pilar, Cuba, page-74
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