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JRoon71

07/21/23 10:04 AM

#412745 RE: golf stud #412743

Golf, I hope you read my post correctly, where I said $5 was silly talk.

As far as the $15 number, I think that was put out there to appease shareholders. It has no formal relevance, even for Holt's stock options. It will literally NEVER come into play. The company will be sold long before Holt ever exercises an option, and then he will get all 5M options vested upon the sale, regardless of price.

Denner is very good at reading shareholders. He showed that during the proxy fight. He's like a politician. Just a demagogue.
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Mr Stockboy

07/21/23 5:13 PM

#412785 RE: golf stud #412743

I entirely agree with golfstud who wrote:

"IMO the $15 number for full vestment of the new CEO is a number intentionally put out there as that is what Denner feels the company is worth at a minimum if the new CEO does a good job and he should be rewarded if that number is achieved.

I also believe Denner feels the company is worth more than $15 if certain things fall our way such as a positive Brave study

$5 really???? Denner bought in at $4 and said the company is highly undervalued at that number. No way he was thinking $5 was the return.

I know the response will be that since he bought in the stock has gone to $1. Yes that is true but he needed to make his move to get control of the company and the move was then as time is of the essence."

I remain convinced from reading the pr that is the base price $15 around $6B assuming Holt can deliver.
Bullish
Bullish