Replies to post #22496 on United Western Bancorp Inc (fka UWBKQ)

[Tradeinman]

LG

2.70 is the number we were calculating all along. It is actually 3.28.
We were calculating 200m wrong IMO

200 - 62(class 1-7) *.7(30% goes to BS of class 8, not of class 1-8) / 29.43 = 3.28

If you calculate it with BS taking 30% off the top then it's 2.70

I don't think they are representing class 1-7, so they get 30% of class 8, 30% of 1-8. Correct?

It pays us more in the long run