RE: Sorry to hark back to those warrants but...12 May 2023 22:54
ICB888, What Seingred is referring to is a bonus payable to MC on sale of the company. Originally Mark got a bonus if the SP was £1 or higher at time of sale, and a larger bonus if SP was at £1.50. In the end of year financial statement it now infers that Mark will get a bonus if SP is 40p or higher. No details have been provided why this perceived change took place, and what the bonus would be.