London presentation and the Cenkos note. Cenkos gave their CCOS, DW quoted various GCOS and CCOS during the London presentation. Cenkos gave a 15% CCOS for Steller, however DW said 50% CCOS during the presentation.
Cenkos use their own CCOS to discount down the unrisked value to risked value, therefore its generally much lower than the real CCOS.
London presentation and the Cenkos note. Cenkos gave their CCOS,...
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