Market cap of Telecom up by 9% or over $400m since Joyce handed them not only the vast majority of the UFB deal but an underwrite which meant that they could not lose on the arrangement.
That $400m is what shareholders think is the NPV of the deal to them. That is their profit discounted back to present day values.
Nice if you can get it.
Joyce = Muldoon Mark II.
CEOs exit package just went up by $30m I reckon.