RE:John Chen's salary & bonus
Yasch, you assume just 570m shares by 2023. Do you think Watsa will not convert the debentures into 60m shares next year, or did you forget it ?
I mean Fairfax is also the biggest shareholder. Watsa would hurt himself if he would convert. But he is a greedy guy. Remember, Chen didn´t want that new debenture but Watsa insisted.
I almost wish that the share price stays below 10 USD till November 2020. Then he would surely not convert. Sorry but i hate this massive dilution. What do you think ?