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@maysonet_bryan
Nothing more , Nothing less,Progress
Hialeah, FL Katılım Temmuz 2013
903 Takip Edilen477 Takipçiler
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@TradingThomas3 @grok explain what this JPM $SPX collar at 6475 is about?
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@Tradewith_kd @grok what would be the real time price for the ticker $SLV
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The Epstein list must be worse than we thought if they're going to such lengths to not release it.
I'm starting to wonder if it's so pervasive in exposing how corrupt the system is, that I could actually cause an institutional collapse.
MeidasTouch@MeidasTouch
NEW: The DOJ has filed a motion to block the appointment of an independent monitor to release the Epstein files in the Ghislaine Maxwell case. The DOJ argues that federal courts lack the authority to enforce the Epstein Transparency Act and that Reps. Ro Khanna and Thomas Massie don’t have standing to recommend an independent monitor. In short, it appears the DOJ’s position is that no court can force them to produce the files.
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🚨 Here is the full 42 minutes of my crew and I exposing Minnesota fraud, this might be my most important work yet. We uncovered over $110,000,000 in ONE day. Like it and share it around like wildfire! Its time to hold these corrupt politicians and fraudsters accountable
We ALL work way too hard and pay too much in taxes for this to be happening, the fraud must be stopped.
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@vnkumarvnk $AAPL ; I wonder if that buyback news caused the stock to shoot up, stock has been ranging on the weekly TF
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@FransBakker9812 @grok what would happen to the stock on a short term basis
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$IREN $875 Million Convertible Senior Notes
A summer by ChatGPT
Transaction Overview
- Principal amount: $875 million (convertible senior notes, due 7/1/2031)
- Coupon: 0.00%
- Conversion premium: +42.5% to $85.63 per share (vs. $60.09 reference price on Oct 8 2025)
- Initial conversion ratio: 11.6784 shares per $1,000 note
- Maturity: July 1 2031
- Settlement date expected: October 14 2025
- Optional upsizing: + $125 million within 13 days of issuance
Capped Call Structure
- Cap price: $120.18 per share (≈ 100% above spot)
- Purpose: Offsets dilution and/or excess cash payments if notes convert, protecting shareholders up to the cap.
- Cash settled until shareholder approval allows share repurchase under Australian law.
- Option counterparties (banks) may hedge by buying IREN shares or entering derivatives, temporarily affecting market activity.
Key Mechanics
- Redeemable: IREN may redeem on/after Jan 8 2029 if share price > 130% of conversion price for a specified period.
- Fundamental change: Investors can require IREN to repurchase at par + accrued interest.
- Conversion settlement: Cash, shares, or combination (at IREN’s election).
- No coupon and no accretion = effectively zero-cost debt until conversion or redemption.
Use of Proceeds
- Estimated net proceeds: ≈ $856.5 million (≈ $979 million if fully upsized).
- Capped-call cost: ≈ $49.6 million.
- Remainder: General corporate purposes and working capital
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