BRN brainchip holdings ltd

Ann: BrainChip Evaluates Redomiciling to US, page-578

  1. 1,451 Posts.
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    FF point of debate is not whether Sean is there for 3 years or 4 years, but the actual point is
    1. Sean told us, judge me on results and look at bottom lines. So what should we look into?
    2. Is that moving to US is part of 5 years plan? If yes then why Sean was telling us upto last year we are happy at asx
    3. For last 18 months we are continuously selling on market,( almost) which is putting a lot of pressure on holders, a good manager should always be on top of situation.
    4. Last CR Sean told us new institutions will open their books to Brn but a matter of fact shorters close their positions just a few days after CR.
    5. There is still a possibility Sean is on his way to his 5 year plan but now the gin is out of bottle,the management have to present us redomicile plans by next AGM and holders have to vote based upon the proposal and faith in present management to implement the plans.
    So in present case voting will depende
    nt upon presentation, and a result from here up to AGM.
    looking at the SP suggests market is not liking the idea.
    dyor
 
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