I believe and bet deep down Suresh knew majority of shareholders were ok with option repricing argument for employee retention purposes and is why it easily passed at AM.
The elephant in the room they are not willing to talk about is the depressing comment they made selectively only to regulators that they also could not foresee a likely scenario where there pre re priced options would be in the money.
That is what is holding many of us back as in wtf and why I refuse to add to my position. The listless volume on TSX bears that out on the Canadian side.
Show me the money, starting with revenue projections on actual anticipated sale orders, based on design wins... enough talk about vague commercialization ready comments. I expect new product launches coming up but those will be tied to more customer interest via sampling, won't do anything to get valuation up.
Don't mean to be negative as there is much to look forward to in the year ahead along with anticipation of Mark Lustig involvement.
Short term ain't expecting much share price wise because of that disclosure they made to regulators in June. Of course wily Mika and Suresh may have something up their sleeve after a sufficient three month seasoning period so would love to get unexpected great news to propel share price this or next month