$Brompton Split Banc Corp (SBC.CA)$ It says that SBC “might”...
$Brompton Split Banc Corp(SBC$ It says that SBC “might” go down in the future and at the same time it makes the argument that giving out this much stock is the normal industry practice and it is needed to keep key employees. So how exactly will it go down significantly if they need it to keep talent?
To me the entire problem is that normally this would be a very high margin business that might justify the high valuation, but if they need to shell out $200m a quarter on stock compensation it will eat up significant amount of the profit.
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