| Pages: [1] :: one page |
| Author |
Thread Statistics | Show CCP posts - 0 post(s) |
lazlow lang
   |
Posted - 2006.03.29 08:08:00 -
[1]
I am re-auctioning these shares, i put them up almost 2 weeks ago with no significant bids, i am changing my expectations and shortening the auction time compared to last time.
you are bidding for 10*ISS PROVIDENCE shares.
background:
ISS were the first entity to effectively use the shares system and the first alliance to build a non-political outpost, in 0.0 for the use of locals, visitors and anyone else who may want to use the areas. with regards to initially the IPO, and then the usage of the outpost ISS has been a huge success. Marginis shares were issued at 10mil isk/share. currently they trade on the sales forum for upto 60mil/share. that is in about 6months since Marginis opened (corret me if wrong)
After the sucess of Marginis (based in catch) ISS set about a new plan of building an outpost in the north to aid the likes of FE, BOB, IRON and G. whilst this outpost has been around not as long as marginis, share value has already risen often about that of marginis, and has shown Borealis to be an excellent investment. It was so successful the IPO never made the fully public stage. ALL shares were bought by either ISS members, previous investors in Marginis or the locals around Borealis.
ISS around a month ago announced the details for an even bigger plan. It had turnt Catch into more then the stomping grounds for a number of alliances into some what of a market hub. ISS now intends to do this iwth Providence. Perhaps one of the most heavily criticised regions in Eve. But to aid their success, ISS has decided to setup, not one, but two outposts. a Gallente and Amarrian one. one with cover the Admin side and one will cover building.
Since there were two outposts ISS offered shares at 20mil. The same as borealis occured as ALL shares were again bought by past investors, locals and ISS members.
Currently the Providence project is due to be completed by 1st may. just over a month away. the first dividend will include isk from sales of offices etc.
I expect the Providence project to be more profitable than Marginis and Borealis. having the twin outposts will encourage lots more visitors to Providence, it is near to some of the biggest alliances in Eve and also some of the biggest warzones. People hauling t2 ships here will be able to make more isk here, by conviencing the PVPers than in empire.
Auction End: 30/march/06, 10pm eve time
Starting bid: 20mil/share
Bid increments: 1mil
Reserve: hidden
Buyout:100mil/share
The short term possibility of these shares is unreal. my initial plan was to keep these shares until after the first big dividend then look to sell them for 6 times the IPO price, as the Marginis and Borealis shares currently go for. However due to the need to liquidise assets i would like the isk for a different investment. However if the auction does not finish high enough i will keep this investment due to higher returns.
All of the above is my own opinion, and may be correct, particulary considering the history of ISS, if any ISS directors/CEOs believe i am wrong then pls either post here nicely, or evemail me ingame and i will edit.
Finally,
dont like this? dont post
price too high? Dont post
Dont like me? Dont post
simple as that. so Tas, ChrisB and anyother smart asses who usually talk sh1t over peoples auctions leave it out.
|
Mistress Bunneh
|
Posted - 2006.03.29 08:35:00 -
[2]
Are you selling the shares individually or as a block of ten?
If individually 20 mill each on 2 shares please.
If a block, consider this a free bump 
==========================
Jump, Jump, Jump. Thats what Bunnehs do best.
========================== |
Platina
|
Posted - 2006.03.29 08:46:00 -
[3]
remember, ISS officials will be happy to act as go between in any transactions involving the sale of ISS shares
|
lazlow lang
|
Posted - 2006.03.29 09:35:00 -
[4]
thanks for the two posts so far.
i guess ill sell them individually
HOWEVER, an offer for ALL 10 shares, which on Yields more isk than the current separate bids, will win.
eg.
bob bids 100mil on 1 share
pete bids 20mil on 9 shares
combined = 280mil.
IF Cecil bids 30mil/share for 10 shares
combined = 300mil.
Despite Bob bidding 100mil. Cecil bidded on the whole 10 shares and this gives him the edge.
i am doing this so that people want the whole 10 shares, do not have to pay vast amounts of money for the privilige. id much rather have to sit down and do one trade than upto 10, since ppl only want/can afford a few shares.
so individual bids are accepted, however bids for all 10 have the advantage
|
Steven Dynahir
|
Posted - 2006.03.29 09:52:00 -
[5]
Share 1: 20m
---
Sell orders
|
Bellevierre
|
Posted - 2006.03.29 15:24:00 -
[6]
200m for all 10
|
lazlow lang
|
Posted - 2006.03.29 20:24:00 -
[7]
first daily bump, reserve not yet met
|
Falryx
|
Posted - 2006.03.29 20:49:00 -
[8]
250M for all 10.
|
Sacul
|
Posted - 2006.03.30 01:39:00 -
[9]
270 m for the 10
|
lazlow lang
|
Posted - 2006.03.30 07:13:00 -
[10]
thank you for the bids so far, reserve not yet met.
and as a side note, i am shocked nobody has posted having a whine, or complaining about it. Lets keep it up
FINAL DAY
|
Jokurra
|
Posted - 2006.03.30 09:55:00 -
[11]
375M for 10 shares
|
lazlow lang
|
Posted - 2006.03.30 15:02:00 -
[12]
final day bump, less than 6 hours remaining
reserve still not met
|
lazlow lang
|
Posted - 2006.03.30 19:44:00 -
[13]
final 3 hours
|
| |
|
| Pages: [1] :: one page |
| First page | Previous page | Next page | Last page |