what a golden opporunity to buy, page-42

sydneybhai, I hope your investment strategy for BLY shows positive results for you. But with comments like “if they buy and not 1 or 2 but 5 directors then I’m all in” and “If anyone knows the company value it should be the directors”, is interesting and it was worth exploring. Let’s take a quick and random look using a share price of $0.475.

Barbara Jeremiah (on the Board since 1st October 2011): Initial shares held prior to board appointment were 30,000 in October 2011 at an approximate value at that time of $4.05 per/share or $121,500.00. Now that package is worth $14,250.00; for a loss of $107,250.00 (though I have not yet found what she paid for them).

Whilst on the Board, she has purchased shares on market:

01/10/11 20,000 shares @ $1.46 to a value of $29,200.00. Package now worth $9,500.00; for a loss of $19,700.00
05/09/12 155,000 shares @ $0.66 to a value of $102,300.00. Package now worth $73,625.00; for a loss of $28,675.00
30/05/13 250,000 shares @ $0.44 to a value of $110,000.00. Package now worth $118,750.00; for a gain of $8,750.00

Paper position for a possible net loss of $181,625.00

Mr Bruce R Brook Non-Executive Director (on the Board since 21st February 2007)

21/02/07 45,945 initial shares at a float price of $1.85. Package now worth $21,823.00 for a loss of $63,174.00.
Indirect shares held at float 108,108 at a float price of $1.85. Package now worth $51,351.00 for a loss of $148,648.00
12/04/07 50,000 shares @ $1.94 to a value of $99,000.00. Package now worth $23,750.00 for a loss of $75,250.00
08/06/08 100,000 shares @ 0.65 to a value of $65,000.00. Package now worth $47,500.00 for a loss of $17,500.00.

And it goes on, but like you said DYOR………….