don't panic

  1. 306 Posts.
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    Brinkley has now purchased:

    60m @ 9c in December
    33m @ 11c in January
    20m @ 9.5c in March

    Total consideration of $10,985,000 average purchase price of 9.7c per share.

    Their investment today is worth $9,307,000 so their investment has reduced in value by $1,678,000 or 15.3%.

    Brinkley chairman Mr Gunzburg is on DRA's board so if anything was wrong would they have purchased more earlier this month?

 
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