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[@TheRealDavey2](/creator/twitter/TheRealDavey2)
"$PTEC sells its Italian B2C online gaming business to Flutter for 2300m. Management negotiated with large shareholders to pay themselves 134m of the proceeds. Management also introduced a new "incentive plan" details of which are buried at the end of the very long announcement which would see them receive XX% of *all* future distributions - effectively gifting themselves XX% of the company. Shareholder funds have been used to build this business. Management is taking XX% for the big guy in return for distributing shareholders own money to them"  
![@TheRealDavey2 Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::533023712.png) [@TheRealDavey2](/creator/x/TheRealDavey2) on [X](/post/tweet/1835972769949106634) 2024-09-17 09:23:13 UTC 4431 followers, 4503 engagements


"Australia's housing crisis would be solved if we could fly in skilled Japanese old mates to whip up beautifully crafted houses for a fraction of the domestic labour cost"  
![@TheRealDavey2 Avatar](https://lunarcrush.com/gi/w:16/cr:twitter::533023712.png) [@TheRealDavey2](/creator/x/TheRealDavey2) on [X](/post/tweet/1946713280107737394) 2025-07-19 23:26:28 UTC 4432 followers, 1670 engagements