BRN 2.86% 18.0¢ brainchip holdings ltd

Ann: Incentive Option Issue, page-84

  1. 6,926 Posts.
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    But the risk management take is, 25% of retailers can vote with their sell button. They could easily drive the price to 10c if too many sell at once. The market can be twice as brutal to the share price as they are greedy with the options

    We know management don't buy shares so they won't rescue the share price.

    That's the game of chess they play.

    Judging by HC this weekend, if they haven't noticed, most people aren't happy with the announcement as it is. It needs to be spelt out clearly who is getting the options and what goals need to be set to get them. They can't just all get more options for the hell of it.

    If it's not spelt out better with respectable goals attached, I think it will get withdrawn before the AGM unless they pull M4 out or show us in the quarterly we are very profitable already.
 
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