While I don't have anything against performance rights per-se, the risk is the propensity of employees selling on market after receiving the rights at any price.

They are free shares after all earned by performance milestones.

If the employees (which I will also consider as insiders) resist in selling shares then that's a good thing, but I can't see that from the price being capped at this level.

Loved to be proven wrong though.

Spike in share price today. My guess is Shaws is buying?

Out of abundance of caution, I took advantage of the spike. One aspect of Dropsuite I'm not happy with is the welfare offshore resources according to one review from glassdoor. Now this may not be true but either way it doesn't sit well for me.

There's also the awarding of SBC at 18c some time last 6 months and I think some employees were cashing in earlier which could be one factor of holding the share price back (maybe their offshore resources not paid enough so they sell their shares?)

Thus I'm selling because I'm not that comfortable in this approach of achieving their growth at the expense of employee welfare.

Maybe when these question marks are negated and the growth takes on a more sustainable path with welfare of employees in mind I will revisit. Happy to miss the gain for now.