someone said a capital raising was not possible , well it is they that are dreaming.
are people not sick and more ?
does no body need a QC anymore ?
Does anyone realise how many proffesionals earn over 1 mil a year.
they all have tax guys looking for schemes BTRL scheme turned BSC in to a tax product , for every buck invested get 4 bucks tax deduction .
If mac bank did not have such big egos they would have jumped at it . they could have funded 80% of unit value to private bank clients .
then they put in 20k , get 80K deduction
year two they put in 25k and get 85k deduction
year 3 they put in 24k and get 84k deduction
year four they put in 22k and get 82k deduction
year 5 they put in 21k and get 81 k deduction
year 6 they start getting dividends
That was Byrnes idea
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