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Let's take a step back here for a minute.


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I was assuming that it was possible that under the BK's scheme that Ticketus will get "paid" through future trading (and/or share issue) and it would not impact the CVA. I could be way off track though.

 

It may well be BD, but if I was Ticketus, I would want a gurantee that I was getting at least some money now e.g. directly from the investors or indeed the share issue rather than unknown future trading, wouldn't you?

Edited by BrahimHemdani
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