Moose

There's alot of free good advice on twitter, but often not from those you think.

[Moose @LRPMMc]

@DemoniacoASX its a big con.

[Moose @LRPMMc]

@NMowbray23 What an achievement

[Moose @LRPMMc]

@pakpakchicken Truth.

[BTCCLUB @ausbtcclub]

SpaceX IPO

13.1 billion shares BEFORE this IPO owned privately.

They are now going public and raising 555 million shares or adding 4.23% to the total shares.

Yes they raised the ~$75 billion in this IPO, though that is absolutely dwarfed by the $1.7 trillion in TOTAL capital that:

Was private....

Was locked up inside the chamber....

And now opening up to the NASDAQ public market...

For the first time, those 13 billion shares have liquidity.

I'll dumb it down.

If 10 shareholders own an Electrical business and 1 of the 10 wants to sell, 9 either have to buy that 1 share, or that seller must go to market to sell their share.

Its messy because they may sell their 1 share to someone who doesn't align with the other 9. Also finding 1 shareholder who can work with the other 9 may also be difficult.

Its private, so it is slow, involves lawyers and all sorts of negotiations.

Compare this to ALL 10 shareholders agreeing to sell the electrical business.

Its now public with an agent and listed. The business as a whole is open to bidders and all shareholders agree to sell. Much easier, much more liquid.

I'm not saying spaceX goes down on open, I'm not saying it goes up on open.

All I'm saying is 13 billion shares are now public, and the holders of those shares got in when the business wasn't worth $1.7 trillion.

The average share price per private holder is $6.48....

The open price could be $135+...

This is their chance to cash in and get out....

[Moose @LRPMMc]

@CitizenBomber You are so out of touch Bradbury. Time to retire.

[Moose @LRPMMc]

@ferretallen Dozy Don

[Moose @LRPMMc]

@ChrisDJackson Dozy Don

[Moose @LRPMMc]

@krassenstein Dozy Don

[Moose @LRPMMc]

@nicksortor Dozy Don

[Moose @LRPMMc]

@FoxNews We had sleepy Joe now we have Dozy Don.

[Moose @LRPMMc]

@CalltoActivism Dozy Don.

[Moose @LRPMMc]

@maddenifico Dozydon

[Moose @LRPMMc]

@EricLDaugh Woopie, he filled a swiming pool.

[Moose @LRPMMc]

@saltyreigns Its a bit like 1970's wall paper, looked great in its day

[Moose @LRPMMc]

@cikiImiy0r Noahs Ark

[Caolan @CaolanReports]

Every day, ships leave this russian owned factory in Ireland straight for St Petersburg carrying thousands of tonnes of raw alumina for the war machine.

There’s corruption everywhere. Locals tell me politicians are bought by oligarchs.

Ireland is no longer militarily neutral.

[Moose @LRPMMc]

@matt_horncastle They own a maintenance company in Auckland.

[Moose @LRPMMc]

@_Ruycorto Rui, if I ever understand half the stuff you present, I will be a wealthy man. Bit pissed ,but stay on the good path.

[NickMowbray @NMowbray23]

YOU'RE WEEKLY REMINDER OF WHERE YOUR MONEY WENT UNDER THE LAST GOV. ( a few of thousands of examples)

1. Wallaby eradication — $2.7 million to kill 18 wallabies. $153,000 per wallaby and 26,000 labour hours. Cheaper to fly them home business class.

2. Virtual job expos — $835,000. 126 people attended. $6,626 per Zoom attendee.

3. Global health recruitment campaign — $514,000. Result: 3 interviews. $171,000 per interview.

4. Let's Get Wellington Moving — $35m on consultants. Just $250k on actual construction. You read that right.

5. Auckland Light Rail — $229 million. Six years. Not one metre of track. Burning $1.2m/week on consultants at peak.

6. Three Waters — ~$1.2 billion torched on a policy nobody wanted, scrapped before delivering a single pipe. Included $14,500 to write a job description for a CEO who never existed.

7. iReX ferries — $500m+ sunk. Ballooned from $551m to a projected $3 billion+ before cancellation. (NZ First also had fingerprints on the original deal — worth being upfront about.)

8. RAT tests — $531 million sitting in warehouses. Storage at $100,000/day. Approved over a year late.

9. Mongrel Mob meth rehab — $2.75 million. $239k catering. $157k marae hire. $100k hiring a van.

10. Shorter shower campaign — $2.8 million. Printed in 7 languages. To tell you to take shorter showers.

11. Auckland Harbour cycle/walking bridge — $51 million on planning before scrapped. No bridge.

12. Lake Onslow pumped hydro — ~$100 million on feasibility studies. Not a shovel in the ground.

13. Workforce Development Councils — $65 million/year for bodies critics said delivered little tangible value. Disestablished.

14. RNZ/TVNZ merger — $20 million. Abandoned by Labour themselves.

15. Ethnic women in politics research — $842,000. A university grant could've done it for a fraction.

16. "Ulu Cavu Wig Tour" — $73,000 in taxpayer funding for the Arts Minister's husband's tour.

17. Abandoned China immigration office — ~$3 million in rent on an office closed for over a year.

18. Promoting Australian citizenship to Kiwis already in Australia — $10,000. Funding the brain drain with our money.

…and we could keep going.

We should never FORGET Labour. Just a small fraction of their wasteful ways.
@NZNationalParty @actparty

[Moose @LRPMMc]

@angelshalagina I'm embarrassed with how the West has treated Ukraine