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Share Price After Award Decision, page-31

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Trader Paul

418 Posts.

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29/10/18

22:22

Post #: 36305374
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Originally posted by BWinter: ↑

TP, the way I interpret the levels under $50M, $50-100M and > $100M is that these apply to the AUD amount of the award. Check a few posts up as they have worked examples by POH which is in AUD. The reason why US$ gets involved is because the claim amount is for $US 300M and US is the default international currency. For example if the maximum award is determined US$300M, then convert that to AUD $422.545M. For that amount the total payout pool will be
0.3 x $50M + 0.5 x $50M + 0.7 x $322.5M
= 15M + 25M + 225.8M
= 265.8M
= 16.82 cps

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Thanks BWinter. I have made the calculations in USD! But did a typo or brain fade and said they were in AUD. So to clarify for the readers, The above chart IS IN USD!

POH Price at posting: 2.6¢ Sentiment: Hold Disclosure: Held
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