BRN 2.33% 22.0¢ brainchip holdings ltd

Ann: BRN Responds to Shareholder REM Report Concerns, page-15

  1. 293 Posts.
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    Did LDN buy back in? No.
    Did the company release information about non payment from a certain contract that had been touted for years that they were investigating shortly after? Yes.
    Whether holders want to admit it or not, this is still a performance bonus. Free options that let's be frank, for an A.I company purporting to be the most advanced in their field, priced at 10c is we all know ridiculously cheap to the point of being free.
    My issue is it's a free ride on shareholders that is going to cost them dearly via dilution, and it is all based on the fact the board do not want to upset LDN by giving him what he deserves for performance. Nothing.
 
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