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I agee with you about calling it Magna’s (and others) profit.But...

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27/03/19

20:56

Post #: 37906276
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Originally posted by 82Punter: ↑

They paid $1 for the con-note and it has a face value of $1.20 hence i wrote the 'interest' (using inverted commas to denote that it's not interest in the ordinary sense of X%pa) is "built in to the face value".

Perhaps substitute the word 'interest' with 'Magna's profit' and you get what I was meaning.

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I agee with you about calling it Magna’s (and others)
profit.

But in saying that, I am inclined to agree with Big K on this one.

VEC Price at posting: 1.0¢ Sentiment: None Disclosure: Not Held
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