Tech wreck, page-222

Cant you see that Accounting standards have created this confusion of $306 + $68 million which is the purchase price. Conditional purchase was made on the day the deal was signed and AGM approval is just the ratification provided. Think about a scenario where the SP moved otherwise, by your assumption you have to book profit and jump around....I have no emotions towards both the scenario as I think the most prudent approach is being indifferent.

$68 million of the purchase price was made a performance criterion because LD and company thought that it is too ambitious and Brad and company accepted because they knew every emotions hidden in the business....and look at their conviction 140 percent growth in just four months.