It's easy for any intelligent shareholder to deduce that Sean's remuneration is significantly inflated at $4.8mill USD in 2022 & $2.58mill USD in 2023.
What those intelligent shareholders see is that over those 2 years, Sean achieved no visible, announced, or reported new licensees during his tenure. They then look at the remuneration package of the CEO as highlighted, and it states 5% & 13% of the remuneration is performance-based.
Then they see a resolution to vote for or against the remuneration report at the AGM, and the fiscally sensible and intelligent shareholders naturally vote against. Hence, the two strikes recorded against the remuneration report for the last two years. These shareholders are indeed smart, not stupid, despite the way management treat them.
You sound more like someone who is desperate to control a narrative that is confusing potential future performance over the current performance that is reported in Brainchip's financial statements. For what reasons, it is not known. They are however not based on any substance or fact.
BRN Price at posting:
21.8¢ Sentiment: None Disclosure: Not Held
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