must be some sort of epiphany

there is no such thing as public money

era uma Sra. Thatcher para Portugal, sff.

(Margaret Thatcher, Conservative Party Conference, 1983)

elephant in the room

you know you're growing up by looking at people around you, the more you resemble the grown ups and feel estranged from the 'kids'...

the intelligent investor

The loss to shareholders is the difference between the market price of the shares and the issue price:

              Market price of shares issued on exercise of warrants:

                                     43.5 million x $136                            $5,916.0 million

           

              Exercise price:

                       

                                      43.5 million x ^$115                             $5,002.5

              Loss:               43.5 million x  ^$(136-115)                  $   913.5 million

              The loss is not tax deductible.