BRN Ann: Annual General Meeting Notice of Meeting - 18th Apr 2023, 8:51am

[annb0t]

BRN Ann: Annual General Meeting Notice of Meeting
Price Sensitive: N
Date: 18th Apr 2023, 8:51am

>>> Read announcement: Google: BRN Market Announcements

 

[FJ-215]

 

[Kachoo]

This clearly shows the company values it's share around 60 cent mark and will not settle for these ridiculous prices they would get. I hope this opens some eyes that we are in term supported by management and they value the value of shares but when short attack they are tied for the moment.

 

[Deleted member 1270]

This clearly shows the company values it's share around 60 cent mark and will not settle for these ridiculous prices they would get. I hope this opens some eyes that we are in term supported by management and they value the value of shares but when short attack they are tied for the moment.

No it doesn't. I shows that LDA Capital sold stock at an average of that price.

My eyes are open!

Note that this referred to a sale of securities so they have sold. If I applied the logic you have in your post then they are really saying they are over valued at that price bacuase they sold.

 

[Deleted member 1269]

So Hernandez choses not to exercise his options (because it was in the best interests of shareholders (sure!).... more like he could not afford or just chose not to exercise the options, and with hindsight now does not wish to miss out. So what do BRN do... they want to issue him 8,000,000 fully paid shares. Is BRN serious? BRN clearly cannot get a waiver from the ASX or they would have done this, and now want shareholders to agree to a handout. This will be a firm no from me. A share price of circa 40 cents... our directors must be in La La Land. Must be easy to simply give away shares with a value of $3,000,000 - $4,000,000 when it's not your money and you have not bought a single share on market - ever!

 

[Iseki]

Unfortunately, in these precarious times, I'll be voting No. To everything.
They can not give away a preset dollar amount by doubling the number of shares when the share price is halved.
Next year when things are better I will happily vote yes.

 

[Deleted member 1269]

A reminder from last years AGM. Sean said:

Proposed incentives:
Sean - 2,264,493 shares
Peter 1,287,906 performance rights
Non Executive Directors between 187,344 and 462,963 shares/performance rights

Given the lack of visibility on commercialisation, I will be voting no.

When/if this change in the future, my voting decisions will also change and I will agree to reward/incentive where it is due. However until that time I will be a no vote.

 

[MadMayHam | 合氣道]

For me, Hernandez definitely gets a no, Peter a yes and Sean I'll defer until the 4C. The resolution with Peter's and Sean's options can be modified and passed.

 

[Humble Genius]

Just trying to do the voting online and I've got a couple of questions.

1. After you login the first step is to appoint a proxy. I don't understand why you need to do this if you are completing the voting online?

2. There is a default set to select Antonio as proxy. What would be the pro's/con's of selecting him, instead of say PVDM? Would it be better to select PVDM?