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Well hopefully you're no news is good news theory holds! ...even...

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Blommer

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20

02/11/17

13:57

Post #: 28439100
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Originally posted by SA1588 ↑

This suggests the CEO has a direct personal interest to not announce positive news prior to the AGM. The share price will drift lower until the AGM. His option price will be set at 43% above the price prior to the AGM and the announcement of the positive news. The reverse also holds. The CEO has a direct personal interest to announce negative news prior to the AGM so the share price reflects that negative news.

Birdman's quote applies to the 2015 AGM. I wonder if it also applies to the 2017 AGM. It could explain why there is no update on sales in the US.

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Well hopefully you're no news is good news theory holds! ...even if it is in contravention of continuous disclosure

NEA Price at posting: 59.0¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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