I sent the following email to Brainchip in relation to having a set date rather than a VWAP period as a metric for bonus shares . Note how diplomatic I am trying to be !!!
ASX Announcements
Like a hockey stick :
Interestingly , the change was made ……..
Note the new VWAP condition :
The only question I have now is , if the share price target was satisfied in the last 3 days of trading ,
Did management acknowledge that the fixed date condition was flawed and if so , did they still receive and accept the incentive bonus , or did they do the right thing in this instance ?
All in my opinion …….
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Last
20.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $415.2M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 20.0¢ | $1.772M | 8.682M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 90 | 4124462 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 1073114 | 20 |
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| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| BRN (ASX) Chart |