OnSong wrote:Booney wrote:DOC wrote:Am I reading this correctly.
The price works out to be 25K for ownership but the ongoing fee is 42k per year?
1250 x 20 = 25000 owner ship
40 x 20 = 800 x 52 = 41,600 in going
Per person = $3330 first year and $2080 on going.
When I spoke with Jordan, we were quoted for a 5% share $130 a month when in work and $40 a month when spelled.
We own 20%. Our first invoice was $149.60 or $7.48 per 1% as he's still being spelled. Gelded at the end of the month to commence work.
So based on his figures so far, and say the colt is in work 8 months (for example) that's $20,800 in annual fees while in work and $3,200 while spelled.
That is a bargain, if Lefty was with a better stable he would've won triple of what he has, little Jonny is a backyard hack.
We have our favourite Jon Up moments that we rattle off and have no choice but to laugh, I have two standouts, the first when he was accepted @ Flemington the race immediately prior to the Melbourne Cup, Jon got spooked and scratched him, another was when he was flying and he was next in line to get in a field of 14 for a decent race in Melbourne, he announced that if there were no scratchings by Thursday night then he wouldn't take him, ended being about 5 scratchings Friday afternoon onwards and a $27 roughie got up. Not to be outdone, enters him in a race here with the grandstand on his back and the saddle falls off mid race, f*** that was hard to live down.
