Here is one way it could be orchestrated.
Brainchip has complete control over when the new CEO makes his first major public presentation to shareholders as it is not market sensitive even though the market might react to it. In fact there is nothing in the ASX rules that require a CEO of an ASX listed company to ever make a public presentation to shareholders for that matter.
The head of Investor Relations Tony Dawe said at the Chinese Investor presentation that there would be commercial engagement announcements soon. We have had one in the form of MegaChips.
So if Brainchip is in the final stages of a commercial agreement negotiation they could hold back the CEO presentation to shareholders and release it contemporaneously with the price sensitive commercial engagement announcement.
Perfectly legal and above board and easily accomplished. No slight of hand or anything nasty or nefarious in fact the great American CEO's of the world have turned themselves into cult hero's by being the bringers of glad tidings to shareholders with marching bands and dancing girls.
I have no idea if Brainchip has this in mind but before people leap to totally unfounded conclusions this is how such a market strategy could unfold.
My opinion only DYOR
FF
AKIDA BALLISTA
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