Originally Posted by
Denny Crane
Vikz09,
Don't know the answer to your question but just wanted to point out that the 20% only applies to the amount of profit over $2.5 billion. The 10% still applies up to $2.5 billion.
Denny
I understand the 10% upto 2.5 billion. I guess my general understanding was if we made above 2.5 billion that would trigger the 20% profit sharing on the whole thing. Your probably right! If I understand you correctly, your saying that if we make 2.7 billion we still only receive 10% up to 2.5 billion... Then the balance of 200 million would be paid at 20%?
Either way, I believe we could hit that figure this year when the dust settles.
Thanks Denny!