iPredict

17: Live Traders

Contract Details

David Bain to receive compensation before 1 Jan 2014

David Bain to receive compensation before 1 Jan 2014

BAIN.COMP.JAN.2014
Contract Info 
  • Symbol: BAIN.COMP.JAN.2014
  • Last Trade Price: $0.2142
  • Last Trade Time:
    Today 10:07am
  • Today’s Volume: 2
  • Average Daily Volume: 1.8
  • Today’s Change:
    $0.02 (8.29%) 
  • Start Date: 28 Jan 13
  • Close Date: 1 Jan 14
  • Status: Active

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Long Description

This contract will close at $1 if it is announced by 1 January 2014 that David Bain will receive monetary compensation from the New Zealand Government for his murder conviction in 1995 and subsequent jail time. Otherwise it pays $0

Judging Criteria 

Background here: http://www.stuff.co.nz/national/politics/8063237/Bain-report-based-on-assumptions-wrong-facts

This contract is not be affected by the amount of monetary compensation which Mr Bain recieves, only that he recieves some compensation.

If a decision is made by Cabinet that Mr Bain will recieve no compensation, and that decision is announced by a suitable authority, then this contract will immediately close at $0

iPredict's judgement is final

This contract will be closed no later than 3 working days after the Close Date. The Close Date may be extended if the event outcome cannot be determined by that date.


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