Stephen Mayne
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Appearances Over Time
Podcast Appearances
I mean, how can you just make a forecast like that?
Gina's put a billion in and she's already half a billion in front, US, on paper.
She jumped to the front of the queue.
I thought, well, us ComSec people are getting scaled back, you know, 10 down to four, and there's Gina looping to the front of the queue with a billion US.
Thanks for coming.
But Elon was running a chairman's list.
Have you heard of the concept of a chairman's list?
Where when you have a capital raising, the chair gets to decide who gets the stock.
So getting on the chairman's list is always a way to cue jump.
And Gina was obviously near the top of the chairman's list.
And you see they've taken the extra $10 billion, so it's not
It's now not a $75 billion US raise.
It's an $85.7 billion US raise.
They don't get commission on the extra 10%.
Oh, extra 15%, actually.
So it's $10 billion at 15%.
Yeah, they don't get commission.
So the fees are about $500 million US across the lot.
Only about 0.7%, which was quite low, I thought.