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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