Macquaire had the chance to underwrite 16 mil options or $ 5 mil ...back in June 2007
They only got 1.9 or $570k ...
The announcement of the underwriting only came out on the 18/06/07 with the options ceasing trading on the 22/06/07....not a lot of time hey...
So 2 yrs later can we expect a carbon copy ????
As long as the underwirting doesn't go the those GRUBS at Patterson i'd be happy ...Cunningham's caused the last price spike before they ran for the hills with the cash ...Who ever gets thier grubby hands on these options will want the heads to be within the region of strike price ...so expect some churm on the BCSF figures ....
Sharpe eye i reckon the weathfords settlement is something you missed in your summary ( which i thumbed up )...they'd want that in this years figures....capital loss ..tax effective
the $30mill carrot, page-5
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