Not really sure how ya went backwards with it
Peter should know....May will be interesting.
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Not really sure how ya went backwards with it
That'd be more the underlying shares being crap than the call options, no?
What was the advantage of the strategy over an index again?
Peter should know....May will be interesting.
And its not consistent 2-3% income returns WITH 100% CONSISTENT RETURN OF YOUR CAPITAL.
The cows are definately being milked
How far OTM did he do them? And monthly, or?
Intrinsic Value,would you have a link to the independent experts report it seems either way some people win while others,anyone that can't see that the "DOW"is slowly tracking down again should not be in the market.of more interest are the goings on at Excela Limited (EXA).
Originally this was supposed to be a listed fund managed by Peter Spann through one of his management companies., it now seems to be acquiring Peter Spann's financial companies.
If you go through the independent experts report, apparently Peter Spann will pocket 30% of any EBITDA above $2.something million as part of his 'management' contract with the company.
Now thats not profit, just EBITDA
Intrinsic Value,would you have a link to the independent experts report it seems either way some people win while others,anyone that can't see that the "DOW"is slowly tracking down again should not be in the market.
..willair..
If you go through the independent experts report, apparently Peter Spann will pocket 30% of any EBITDA above $2.something million as part of his 'management' contract with the company.
Now thats not profit, just EBITDA
Thanks for the link,that will keep me occupied for a while..willair..just what is from the asx site:
http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&allinfo=&asxCode=exa
Relevant announcements: 14/7/2010.
Signed off as being 'fair and resonable'.
but then consider, who paid for the reports??????
does this sound early familiar with the reports provided on credit ratings, the person who pays, is the person who 'controls within limiations' the outcome.