The LTIP, currently as stated,

2023-12-27

The LTIP, currently as stated, the equivalent of 15 M shares have been awarded. The new request is for another 15 M, or an equivalent total of 30 M shares in the fund. We know those awards-to-date were and will be awarded at various valuations; for simplicity’s sake using today’s $8/sh valuation the pool’s cost to Shareholders conservatively would be +-$240M when fully awarded. The first 15 M shares, since the plan’s inception 2018-2021 (2022 outstanding), estimated cost +- $120 M or $30 M per year on average ( the avg PPS during this period was +-$11 not $8). Where did it go? What was the headcount in those earlier years, certainly not +-40. How much income did MARA generate during that period? Hmmm, appears some accountability is in order. Vote NO across the board.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":256636837994504,"tweetId":"256636837994504","gmtCreate":1703684957431,"gmtModify":1703684963915,"author":{"id":9000000000000626,"idStr":"9000000000000626","authorId":9000000000000626,"authorIdStr":"9000000000000626","name":"DonnaMay","avatar":"https://static.tigerbbs.com/f20dbb02d38eebfd4b768781cc568594","vip":8,"userType":8,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":53,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body><p>The LTIP, currently as stated, the equivalent of 15 M shares have been awarded.&nbsp; The new request is for another 15 M, or an equivalent total of 30 M shares in the fund.&nbsp; We know those awards-to-date were and will be awarded at various valuations; for simplicity’s sake using today’s $8/sh valuation the pool’s cost to Shareholders conservatively would be +-$240M when fully awarded.&nbsp; The first 15 M shares, since the plan’s inception 2018-2021 (2022 outstanding), estimated cost +- $120 M or $30 M per year on average ( the avg PPS during this period was +-$11 not $8).&nbsp; Where did it go?&nbsp; What was the headcount in those earlier years, certainly not +-40.&nbsp; How much income did MARA generate during that period?&nbsp; Hmmm, appears some accountability is in order.&nbsp; Vote NO across the board. &nbsp;&nbsp;</p></body></html>","htmlText":"<html><head></head><body><p>The LTIP, currently as stated, the equivalent of 15 M shares have been awarded.&nbsp; The new request is for another 15 M, or an equivalent total of 30 M shares in the fund.&nbsp; We know those awards-to-date were and will be awarded at various valuations; for simplicity’s sake using today’s $8/sh valuation the pool’s cost to Shareholders conservatively would be +-$240M when fully awarded.&nbsp; The first 15 M shares, since the plan’s inception 2018-2021 (2022 outstanding), estimated cost +- $120 M or $30 M per year on average ( the avg PPS during this period was +-$11 not $8).&nbsp; Where did it go?&nbsp; What was the headcount in those earlier years, certainly not +-40.&nbsp; How much income did MARA generate during that period?&nbsp; Hmmm, appears some accountability is in order.&nbsp; Vote NO across the board. &nbsp;&nbsp;</p></body></html>","text":"The LTIP, currently as stated, the equivalent of 15 M shares have been awarded. The new request is for another 15 M, or an equivalent total of 30 M shares in the fund. We know those awards-to-date were and will be awarded at various valuations; for simplicity’s sake using today’s $8/sh valuation the pool’s cost to Shareholders conservatively would be +-$240M when fully awarded. The first 15 M shares, since the plan’s inception 2018-2021 (2022 outstanding), estimated cost +- $120 M or $30 M per year on average ( the avg PPS during this period was +-$11 not $8). Where did it go? What was the headcount in those earlier years, certainly not +-40. How much income did MARA generate during that period? Hmmm, appears some accountability is in order. Vote NO across the board.","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/256636837994504","repostId":0,"isVote":1,"tweetType":1,"viewCount":622,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":643,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/256636837994504"}