If you are referring to my post. NO. I'm just saying he is a director of the company so presumably should know what is happening in the office. If the company was considering appointing administrators I doubt he would have put in $1 million, no matter how rich he is. This company is being priced for failure at the moment and I don't think this is the case and Barry Patterson's share purchase is evidence of that IMO, unless he really doesn't know what is going on in the office and is incredibly irresponsible with his finances. You'll find that rich people are generally reasonably astute when it comes to their own money.
And by the way can you substantiate your claim that he is a "multi Billionare"? He is undoubtably rich having bought river front property in Perth but I can't find him on the AFR 2018 rich list that has a bottom cut-off of $387 million. Esh
DCN Price at posting:
52.5¢ Sentiment: Hold Disclosure: Held
