@TheKouk How about taxing these filthy rich elites worth 10s or 100s of millions instead of the hard working and aspiring people. $200k gross isn't a huge salary after tax.
@MawhinneyJames@Mayfair_101 Seriously, how can you pretend to be in control of the Mayfair group?
And with the 20 year ban on raising money, you should step aside. The crap you're spinning is just adding more pain for investors.
@jomo87 As they say, "you can't argue with stupid". Right wing group here also had a pro trump rally last week.
Be interesting to see what happens post inauguration. So much bitterness and divisiveness. The Dems will have their work cut out. You couldn't make all this stuff up!
@jomo87 Delusional is a putting it politely. Can't believe how brainwashed these people are. Glad I'm in Aus and not there. Yep, I did participate in the Next Prez but not to the same degree as this as the betfair rules did seem somewhat loose but agree with you. BF need to address this
appears high enough should bank share prices move lower from here. WBCPH is a case in point with VWAP of $30.37. 56% of this is a conversion price of $17 and it's around this price now. If WBC is below $17 at conversion you get less than 100% equity allocated.
@cjoye Enjoy your commentary. Why aren't bank hybrids pricing in the risk of conversion based on the maximum shares converted at 56% of the VWAP share price at listing? I realise many of them are years out from potential mandatory conversion but the risk of equity loss ....