The vertiginous seven-fold share price of retail investor favourite BrainChip over the past year has helped make a motza for its share option holders, including US investment group LDA Capital.
Last week’s AGM saw the approval of another 35 million shares to LDA, with 26.25 million issued at 41.5¢ per share and the difference held as collateral.
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Tom Richardson writes and comments on markets including equities, debt, crypto, software, banking, payments, and regulation. He worked in asset management at Bank of New York Mellon and is a member of the CFA Society of the UK as a holder of the Investment Management Certificate. Connect with Tom on Twitter. Email Tom at tom.richardson@afr.com
