| Pages: 1 2 3 :: [one page] |
| Author |
Thread Statistics | Show CCP posts - 0 post(s) |
Professor Bunsen
Optech Mineral Ventures
   |
Posted - 2007.10.14 11:20:00 -
[1]
Reserved
|
Professor Bunsen
Optech Mineral Ventures
|
Posted - 2007.10.14 11:37:00 -
[2]
OMV Results - Fortnight ended 14/10/07
- Starting capitalisation 10 bil as 10,000 1 mil shares
- Bunsen holding 5,005 shares, public 4.995, all shares issued
- Still finalising programming for Eve-Index, it is still "soon" status
- "Passive" trading generated profits of 210 mil i.e. 2%
- NAV at start of this week is 10.21 bil
- OMV will buyback shares at 950k
Bunsen
|
Shar Tegral
|
Posted - 2007.10.14 17:35:00 -
[3]
 Originally by: Professor Bunsen
OMV will buyback shares at 950k
Firstly, I thought this had been put on hold? (This was the ipo that I had asked for some shares in yes?) I'm mildly horrified if I renegged on my reservation.
Secondly, why is buyback less than initial purchase price?
It's A GIRL!!!!! |
Ricdic
Caldari
Corporate Research And Production Pty Ltd
Zzz
|
Posted - 2007.10.14 18:11:00 -
[4]
Originally by: Shar Tegral
Secondly, why is buyback less than initial purchase price?
It's a great way to profit off your own corporation and I believe that 90% of all corps that offer buyback, have it at 95% or less.
I think Naph started the trend with EMFi, doing a ton of EGSE trading to keep his share price inline with what he wanted it to be, whilst profiting of course.
Some even speculated that during his disapearance he profited immensely off the reduction in share value on his corporation, before coming back and reselling all those shares he had caused to drop in price. Probably the most blatant form of insider trading possible. But, that's a speculation and a rumor. Nothing evidence wise is/was present just the 'word on the streets'.
Need Empire Research Slots. Click here |
Shadarle
|
Posted - 2007.10.14 18:17:00 -
[5]
Originally by: Shar Tegral
Secondly, why is buyback less than initial purchase price?
First, I have no clue about this IPO.
About the question you asked that I quoted:
Because if buyback is equal to investment then you're really just getting a loan, not an investment. I've never understood why buybacks should always be 100%. The reason to use a 100% buyback is if you're trying to sure up confidence and thus are willing you buy back any share for full value because the corp is confident in its future. But otherwise, offering a 100% buyback is merely a way to offer people a short term way to gain 5-10%+ profit. Especially if you offer buyback and resale of stock at any point... you buy at the end of a month and sell back at the beginning of a month.
I see nothing wrong, in most cases, of buyback being Share Price - Avg Div. Tho of course I'd always love full buyback as an investor, I wouldn't necessarily rule an IPO out that did a 90-95% buyback, especially if it payed out well.
Tanking Setups Compared
Stacking Penalty / Resists Explained |
Shar Tegral
|
Posted - 2007.10.14 19:44:00 -
[6]
Originally by: Shadarle
I've never understood why buybacks should always be 100%. The reason to use a 100% buyback is if you're trying to shore up confidence and thus are willing you buy back any share for full value because the corp is confident in its future.
In the early stages of an ipo, with a positive NAV, I'd suspect that the share price is worth higher than the issue price. Offering it for lower seems... shady to me. And for me, if I was in this position, it would not be about shoring up confidence but expressing complete confidence. Confidence that is in line with the numbers reported. Originally by: Shadarle
Because if buyback is equal to investment then you're really just getting a loan, not an investment.
But otherwise, offering a 100% buyback is merely a way to offer people a short term way to gain 5-10%+ profit. Especially if you offer buyback and resale of stock at any point... you buy at the end of a month and sell back at the beginning of a month.
Essentially all investments are a loan. Shares are just part ownership in the corporation however setting buy back is not open to dicussion amongst the shareholders is it? After all, repeatedly we point out how unlike the real word the eve financial system is. Especially when the corporation is, by default, defacto ruled by the corporation. So, the ipo and share issuance is just another form of loan. Any speculative trading on those shares is a complete secondary market having little to do with, or should, the functioning and fair practive of the issuer. (As Ricdic pointed out, that's called insider trading.) Not that there is anything that can be done at this point. Issuer has the money, repayment and/or handling of those funds is solely up to him and his investors are totally, and utterly, trapped with no say. (Again proving that eve != real life.) Originally by: Shadarle
I see nothing wrong, in most cases, of buyback being Share Price - Avg Div. Tho of course I'd always love full buyback as an investor, I wouldn't necessarily rule an IPO out that did a 90-95% buyback, especially if it payed out well.
I wouldn't either... I was just surprised that the buyback was reduced so early in the life of the issue. I always structure my buybacks at 100% but within a framework that doesn't allow for shenanigans up to a certain point. After all, people invest in an issue to profit. Stopping them from doing so is, imho, dishonest.
It's A GIRL!!!!! |
Professor Bunsen
Optech Mineral Ventures
|
Posted - 2007.10.14 20:19:00 -
[7]
I'm assuming that this is little good humoured trolling 
There was no commitment to a buyback with this IPO, so the right way to view this is simply as an additional service to investors. As I'm sure you seasoned warriors know only too well it is a pain in the **** to unravel mineral holdings and stock at the drop of a hat because an investor wants their money back. OMV is not a bank IPO, it's not even a unit trust and there is no obligation on a IPO to simply give investors their money back on request at 100% NAV, unless that is the commitment at the outset. I see it as entirely proper that those remaining invested should benefit in this situation, either from selling available shares at a premium to NAV, or buying back at a discount.
You may take a different view and line with your dealings, that's your call.
Shar, in your last post you as good as imply that the above behaviour was "shady" and "dishonest". It's not, and I'd like you to reconsider those comments.
Bunsen
|
Ezoran DuBlaidd
Rivers Enterprises
Power Corrupts Industry's
|
Posted - 2007.10.14 21:00:00 -
[8]
Originally by: Shar Tegral
After all, people invest in an issue to profit. Stopping them from doing so is, imho, dishonest.
what does that have to do with this buyback offer?
|
Shar Tegral
|
Posted - 2007.10.15 00:37:00 -
[9]
Originally by: Professor Bunsen
Shar, in your last post you as good as imply that the above behaviour was "shady" and "dishonest". It's not, and I'd like you to reconsider those comments.
Not at all. My question to you was one of academic curiousity, that's all. My answer to Shadarle was to the generic situations described. You know how sometimes this discussions can range all around a topic, from specific to general. That's all it was. Here there's no smoke, no fire.
It's A GIRL!!!!! |
Professor Bunsen
Optech Mineral Ventures
|
Posted - 2007.10.15 07:18:00 -
[10]
Originally by: Shar Tegral
Here there's no smoke, no fire
Many thanks for that. Now back to the job at hand.
|
Professor Bunsen
Optech Mineral Ventures
|
Posted - 2007.10.26 18:33:00 -
[11]
OPT-M Results - Fortnight ended 27/10/07
- Eve-Index programming is completed, final testing planned for this weekend. Some work still to do on help and support pages.
- Initial mineral options will be in Trit, Pye, and Mex
- Valuation at start of 2 week period 10.21 bil
- NAV at end of this period is 10.629 bil, i.e. 419 million increase (net of salary)
- OMV will buyback shares at 1010k
- EGSEX listing applied for, awaiting brokers
Bunsen
|
Professor Bunsen
Optech Mineral Ventures
|
Posted - 2007.11.08 21:23:00 -
[12]
Edited by: Professor Bunsen on 08/11/2007 21:24:10
OPT-M Results - Fortnight ended 9/11/07
- Valuation at start of 2 week period 10.691 bil
- NAV at end of this period is 11.089 bil, i.e. 398 million increase (net of salary)
- Equivalent 8.8% monthly growth on launch price
- OMV will buyback shares at 1055k
- Now RESX listed, thanks Balogh
- EGSEX listing applied for, awaiting brokers
If you've been tracking the Jita mineral prices you'll know thats worth a small 
Bunsen
|
Potsnack
|
Posted - 2007.11.08 21:52:00 -
[13]
Good work sir and thanks for the update.
Cheers
Pot
|
Professor Bunsen
Optech Mineral Ventures
|
Posted - 2007.11.19 23:34:00 -
[14]
Quote:
2007.11.19 18:41
Transstellar has declared war on Optech Scientific.
After 24 hours fighting can legally occur between those involved.
|
La'yla
|
Posted - 2007.11.20 01:32:00 -
[15]
when should we be expecting dividend payments and the like?
|
EBANK Ricdic
Eve-Tech Savings n Loans
|
Posted - 2007.11.20 02:13:00 -
[16]
Originally by: La'yla
when should we be expecting dividend payments and the like?
Never
OPTECH is a growth fund. You sell your stocks when the price is right
WWW.EVE-BANK.NET
|
Professor Bunsen
Optech Mineral Ventures
|
Posted - 2007.11.20 08:50:00 -
[17]
Originally by: EBANK Ricdic
Originally by: La'yla
when should we be expecting dividend payments and the like?
Never
Correct. Further results will be out next week in-line with the planned fortnightly schedule and they are expected to be in-line with previous performance i.e. somewhere north of 7% monthly growth.
Despite the prospectus having been clear about the "no divs capital growth only" nature of the fund it seems that this did not register with a few investors as I've had a couple of messages asking about divs. As a general strategy (though not a prospectus commitment) I plan to maintain a buy-back price of around 3% under NAV (Eve mail me directly if you wish to avail yourself of this) and if any investor wants to sell back shares and gives me a couple of weeks notice I will try to get closer to a NAV price if you give me some (1 week +) notice. That would rather depend on the value of shares your talking about (less = easier to accomodate).
Hope that covers all the bases. As always if an investor has an issue, contact me directly please.
|
Angelic Black
|
Posted - 2007.11.20 21:25:00 -
[18]
Is your goal to eventually buy back all the shares? I.E. is there a time line in place or are you going to offer shares for sell throughout the process?
Example, I own 50 shares right now which were purchased at the IPO Launch. Someone else decides that they are ready for their money and they sell the shares back to you for 1.25 million. Will you in turn put those shares back for sell at the new NAV or keep them until you have privatized the entire operation?
Also, is there any way for people to make secondary and tertiary bets on this stock? Example being that I have X number of shares now that I would like to sell because I need/want to buy a new battleship etc...and in two months time I want to repurchase those X number of shares back again. Will I have to go through you for all these transactions and will you even let me do this?
I don't remember if this was all covered in the initial IPO thread, if it is then I will go back and do more research.
Thanks,
|
Professor Bunsen
Optech Mineral Ventures
|
Posted - 2007.11.21 08:45:00 -
[19]
Edited by: Professor Bunsen on 21/11/2007 08:45:00
Originally by: Angelic Black
Is your goal to eventually buy back all the shares? I.E. is there a time line in place or are you going to offer shares for sell throughout the process?
Example, I own 50 shares right now which were purchased at the IPO Launch. Someone else decides that they are ready for their money and they sell the shares back to you for 1.25 million. Will you in turn put those shares back for sell at the new NAV or keep them until you have privatized the entire operation?
Also, is there any way for people to make secondary and tertiary bets on this stock? Example being that I have X number of shares now that I would like to sell because I need/want to buy a new battleship etc...and in two months time I want to repurchase those X number of shares back again. Will I have to go through you for all these transactions and will you even let me do this?
If shares are bought back I will offer them for public sale, as I would like to maintain rather than increase my 5bil position. My reason for not increasing my own holding is that I value the risk sharing of that position which will be important when I move the fund to option trading.
As stated above I would buy back as close to NAV as I can get for you, taking into account the notice you give and the size of the shareholding. TBH 50 is doable instantly, but if someone wanted to sell back a bil I would have to unravel some positions. I would probably put the shares up for sale on RESX at a premium to NAV as the best means of optimising shareholder value, however as we are listed you might be best advised to do the same. In effect the corp buy-back is simply giving you liquidity.
As far being able to get hold of future stock I think you're looking at a RESX buy order to tempt others to sell.
|
EBANK Ricdic
Eve-Tech Savings n Loans
|
Posted - 2007.11.21 09:12:00 -
[20]
EBANK are happy to offer stock buybacks for Optech at a rate of 95% of NAV.
WWW.EVE-BANK.NET
|
Daeva Vios
PhaseShifter Technologies
|
Posted - 2007.11.22 00:09:00 -
[21]
Edited by: Daeva Vios on 22/11/2007 00:10:01
This style of offering is one that I have been looking forward to for a long time. I'm extremely happy that someone is willing to take the jump and get into capital growth instead of the usual dividend payment schedule. It's always a bit of a risk to introduce new methods in markets that have become complacent, and new methods are essential for growth.
That said...I know this was discussed above, but I'd like to introduce the idea again. Is there any plan for you to increase the percentage of NAV used in buyback? A higher percentage (perhaps even just for a limited amount of shares per month) would demonstrate your personal confidence in your ability to grow capital and would further increase share value on the secondary market.
Ultimately the decision is yours, and I would not have invested if I did not have confidence in your ability to grow your capital, but throwing your shareholders a bone like this would not be remiss, imo.
|
Professor Bunsen
Optech Mineral Ventures
|
Posted - 2007.11.22 10:28:00 -
[22]
Originally by: Daeva Vios
but throwing your shareholders a bone like this would not be remiss, imo.
The bone I'm currently throwing investors was 8.8% last month, a corp buyback of 3% under NAV, an offer of a buyback of closer to 100% NAV if investors give me 1-2 weeks notice of their wish to sell.
As I suggested above, I would suggest a RESX buy order where you may find someone willing to take on some this skeletal offering at a premium to NAV.
If my bone gets bigger I can promise investors they will be the first to know. Other than that there are currently no other bones on offer.
Bunsen
|
Ricdic
Caldari
Corporate Research And Production Pty Ltd
Zzz
|
Posted - 2007.11.22 11:25:00 -
[23]
Well EBANK have the capital to handle Bunsen's buyback. It's a kinda double edged sword. He can't do the most possible with his fund if he has capital sitting idle. EBANK won't need to cash in the isk tomorrow, as having liquid isk on hand is quite normal for a bank anyway, we design our operations based on a considerable % sitting in a wallet doing nothing.
That's why I offered to take up Bunsen stocks as they come through at 95% of NAV. Ensures he can use the stock to max performance and EBANK can sell him back batches if they choose at more extended periods.
Need Empire Research Slots. Click here |
Professor Bunsen
Optech Mineral Ventures
|
Posted - 2007.11.22 12:23:00 -
[24]
Nice offer, and many thanks for that Ricdic. So now we have 3 buy-back options:-
Immediate purchase any amount @ 95% NAV from EBank Global Domination Enterprises
Immediate purchase up to 100 mil total/week @ 97% NAV from Optech
Delayed purchase 2 weeks notice any amount @ 99% NAV from Optech
I think this subject is probably DONE now and I'm considering getting OPTECHs famously thorough complaints department onto the next "suggestion". If you remember they charge 10 mil per post 
Reminds me of the saying "Customer service is like shagging a gorilla. You don't stop when you're satisfied, you stop when the gorilla is satisfied"
|
FastLearner
Fury Holdings
Brutally Clever Empire
|
Posted - 2007.11.22 12:26:00 -
[25]
You can add a 4th option to the list.
Fury Bank will do immediate buybacks of any quantity at 100% of NAV. Just join chat channel "Fury Bank", wait for someone listed in the topic to show up and sell to them. Or mail "Fury Banker".
|
Professor Bunsen
Optech Mineral Ventures
|
Posted - 2007.11.22 16:19:00 -
[26]
OPT-M Results - Fortnight ended 23/11/07
- Valuation at start of 2 week period 11.089 bil
- NAV at end of this period is 11.394 bil, i.e. 305 million increase (net of salary)
- Last months growth 7% on launch price
- OMV will buyback shares at 1105k
- EGSEX listing applied for, still need 1 more broker
Bunsen
|
Eric Nolani
Dark Magix Inc.
|
Posted - 2007.11.23 08:33:00 -
[27]
Is there somewhere I can check for if/when shares come available?
-------------------------------------------
ôDoesnÆt it **** you off to be beat at your own game!ö û MUDVAYNE æSilencedÆ |
Calgorac
The Arrow Project
Morsus Mihi
|
Posted - 2007.11.24 03:42:00 -
[28]
ttt
Latest News |
Professor Bunsen
Optech Mineral Ventures
|
Posted - 2007.12.01 14:32:00 -
[29]
Corp bought back 200 shares from Sgt Jonez. Selling them on as 2 blocks of 100 by auction in game. 7 day auctions set by corp "Optech Mineral Ventures" and is for 1 scourge missile. I'll transfer the auction winner the 100 shares.
|
Nummb
Amarr
|
Posted - 2007.12.01 21:21:00 -
[30]
Originally by: Professor Bunsen
OPT-M Results - Fortnight ended 23/11/07
- Valuation at start of 2 week period 11.089 bil
- NAV at end of this period is 11.394 bil, i.e. 305 million increase (net of salary)
- Last months growth 7% on launch price
- OMV will buyback shares at 1105k
- EGSEX listing applied for, still need 1 more broker
Bunsen
Quick question from an American who doesn't quite understand math as done across the pond. If you are buying back shares at 1105k is that 1 million 105 thousand isk? I.E. 1,105,000 isk or written 1.105 million?
I bought 50 shares at 1 million isk each at the IPO launch, so that means that my 50 shares are worth 1.105 million isk each, meaning that my initial investment of 50 million is now worth 55,250,000 million isk netting an 11% ROI, correct?
If not, I need to take a look at how I do math before I continue on my production line  .
DA RULES BY CCP: NO SIG 4 U! - Cortes
Originally by: Ricdic
Are you there god, it's me Ricdic
|
Professor Bunsen
Optech Mineral Ventures
|
Posted - 2007.12.02 09:47:00 -
[31]
Read above re buyers. You are 1 week into a fortnightly reporting cycle, last NAV 1.139 a week ago so you will find easy buyers for 50 at 1.14 mil isk /share or more (including OPTECH itself). i.e. 14% since launch.
|
Nummb
Amarr
|
Posted - 2007.12.02 18:43:00 -
[32]
Thanks for clearing that up Professor, much appreciated.
DA RULES BY CCP: NO SIG 4 U! - Cortes
Originally by: Ricdic
Are you there god, it's me Ricdic
|
desmuction
|
Posted - 2007.12.04 00:56:00 -
[33]
this is a joke
|
Professor Bunsen
Optech Mineral Ventures
|
Posted - 2007.12.06 18:17:00 -
[34]
Edited by: Professor Bunsen on 06/12/2007 18:19:19
OPT-M Results - Fortnight ended 7/12/07
- Valuation at start of 2 week period 11.394 bil
- NAV at end of this period is 11.997 bil, i.e. 603 million increase (net of salary)
- 28 day NAV growth 9.1% on launch price
- 28 day ROCU 7.57%
- OMV will buyback shares at 1.199 mil/share
- EGSEX listing given up on, 2.5 months waiting for 2 brokers ftl
Bunsen bought back 1600 shares over the last fortnight at close to the last published NAV. I wish to maintain my % shareholding at 51% and so these are now offered for re-sale to the public, Eve mail bids over 1.2 mil per share to me please and they will go to the best bidder(s).
Bunsen
|
Professor Bunsen
Optech Mineral Ventures
|
Posted - 2007.12.22 11:16:00 -
[35]
OPT-M Results - Fortnight ended 21/12/07
- Valuation at start of 2 week period 11.997 bil
- NAV at end of this period is 12.166 bil, i.e. 169 million increase (net of salary)
- 28 day NAV growth 7.7% on launch price
- 28 day ROCU 6.35%
- OMV will buyback shares at 1.2 mil/share
Bunsen
|
La'yla
|
Posted - 2007.12.24 15:22:00 -
[36]
it looks like eve-index is finally launched, you may want to make a post about it.
|
Professor Bunsen
Optech Mineral Ventures
|
Posted - 2008.01.04 21:32:00 -
[37]
OPT-M Results - Fortnight ended 21/12/07
- Valuation at start of 2 week period 12.166 bil
- NAV at end of this period is 12.628 bil, i.e. 462 million increase (net of salary)
- 28 day NAV growth 6.3% on launch price
- 28 day ROCU 5%
- OMV will buyback shares at 1.25 mil/share
Bunsen
|
Professor Bunsen
Optech Mineral Ventures
|
Posted - 2008.01.10 19:43:00 -
[38]
Edited by: Professor Bunsen on 10/01/2008 19:47:59
6 day shareholder vote called today. Message as follows ...
"Eve-Index is ready for launch. The profits generated so far for OPT-M have been from normal mineral trading on the markets, done simply to maintain value for investors. I am proposing a one off dividend to return the share value to the nominal starting value of 1 million."
Share price at launch was 1 mil, at last valuation it was 1.263 mil so the dividend would be 263k per share.
Shareholder sales have released 1650 shares which would be sold post dividend at the original IPO price of 1 mil/share effectively returning the fund to its planned 50/50 public/private ownership (and 10 bil value) prior to Eve-Index launch.
Bunsen
|
Raskor
|
Posted - 2008.01.11 04:09:00 -
[39]
Originally by: Professor Bunsen
Shareholder sales have released 1650 shares which would be sold post dividend at the original IPO price of 1 mil/share effectively returning the fund to its planned 50/50 public/private ownership (and 10 bil value) prior to Eve-Index launch.
Bunsen
I wish to place a reserve for 100 of those shares, if you might approve.
|
Professor Bunsen
Optech Mineral Ventures
|
Posted - 2008.01.11 10:23:00 -
[40]
Edited by: Professor Bunsen on 11/01/2008 10:23:40
Originally by: Raskor
I wish to place a reserve for 100 of those shares, if you might approve.
Thats fine Raskor, please note shares will either be at this weekends NAV which will be around 1.3 mil or ex dividend at 1 mil depending on outcome of shareholder vote.
1550 shares remain available.
|
Dougalar
Imperium Technologies
|
Posted - 2008.01.11 14:08:00 -
[41]
I would like to reserve 250 of these shares please.
Let me know how much to send you and when
So Long And Thanks For All The ISK
Join M8S Racing Team sponsored by Frontier Technologies!
|
Feyloan
|
Posted - 2008.01.11 14:24:00 -
[42]
I'll reserve 250 as well please
Originally by: CCP Sharkbait
--------------------------------------------------------------------------------
there are other people in the world that connect to the server which is the reason we u |
Prokonsul Piotrus
Minmatar
Astral Light of Nature
|
Posted - 2008.01.11 15:47:00 -
[43]
I would like to reserve 250 shares. I am not clear on whom should I send the isks to and when?
--
One day, we will return to the planets... please, CCP? :)
EVE-Wiki - share your knowledge in one place. |
Dreysine
Paratheoanametamystichood
|
Posted - 2008.01.11 16:53:00 -
[44]
ill take 300 shares if they are still available. who do i send the isk to?
|
Titus Lewis
Suddenly Successful
|
Posted - 2008.01.11 18:47:00 -
[45]
I would like 300 shares please. |
Verschwenderisch
|
Posted - 2008.01.11 18:58:00 -
[46]
i'd like 150 shares please, isk sent to professor bunsen
|
Professor Bunsen
Optech Mineral Ventures
|
Posted - 2008.01.11 20:37:00 -
[47]
All available shares are now reserved. Reservations taken in order for the 1650 shares available...
Raskor 100
Dougalar 250
Feyloan 250
Rix Machur 100 (14.57 evemail)
Prokonsul Piotrus 250
Dreysine 300
Verreuchter 100 (17.35 evemail)
Titus Lewis 300
--- All reserved ---
Verschwenderisch 150
Thank you for the reservations. Please do not send isk now. Verschwenderisch. I returned your 150 mil but will hold you as first reserve in case anyone above you does not take up their reservation.
The shareholder vote ends 19.27 on the 16th Jan so I will post again after this to ask for payment for the reserved shares.
There are a few names in the above list I do not know from past dealings, which is great but please make sure you have read the IPO launch post. In summary the 10 bil fund will be used to speculate on mineral prices and I may get my predictions wrong so (slightly unusually for an Eve investment) the share value may go down as well as up.
|
Benvie
Benvie Enterprises
|
Posted - 2008.01.12 02:29:00 -
[48]
I can't help but think a futures market for moon materials would have been much more useful. Moon materials are much more time/batch based than regular minerals. You buy raw materials, get out finished supplies 2 weeks or a month later, etc. Seems much more appropriate for a futures market, when guaranteeing rates a month down the line would actually be useful.
|
Professor Bunsen
Optech Mineral Ventures
|
Posted - 2008.01.12 21:47:00 -
[49]
OK so select a couple of items Benvie, give me a couple of months data for daily price and I'll add it. I aim to please :)
|
Benvie
Benvie Enterprises
|
Posted - 2008.01.13 07:06:00 -
[50]
At the very least I'd do the Advanced Materials:
Crystalline Carbonide
Fermionic Condensates
Fernite Carbide
Ferrogel
Fullerides
Hypersynatpic Fibers
Nanotransistors
Phenolic Composites
Sylramic Fibers
Titanium Carbide
Tungsten Carbide
As for the data, I'll get back to you on that...
|
Verschwenderisch
|
Posted - 2008.01.14 01:46:00 -
[51]
withdrawing my 150 reserve....unexpected isk drama came up. sry.
|
Professor Bunsen
Optech Mineral Ventures
|
Posted - 2008.01.16 22:56:00 -
[52]
OPT-M Results - Fortnight ended 12/1/08
- Valuation at start of 2 week period 12.628 bil
- NAV at end of this period is 12.988 bil, i.e. 360 million increase (net of salary)
- 28 day NAV growth 8.2% on launch price
- 28 day ROCU 6.3%
Result of corp vote
Dividend out profits so far before launch of Eve-Index 73.7226277372 % (10.1/13.7)
Retain profits and accrue value as growth fund 26.2773722628 % (3.6/13.7)
Accordingly 2.988 bil was distributed to shareholders as dividends.
NAV is now returned to the launch value of 1 mil isk/share. The share reservations above are now able to be processed. If you reserved shares please send isk to Professor Bunsen (1 mil isk/share).
Bunsen
|
Raskor
|
Posted - 2008.01.17 03:18:00 -
[53]
100m isk sent for 100 reserved shares.
|
Titus Lewis
Suddenly Successful
|
Posted - 2008.01.17 04:40:00 -
[54]
ISK for reserved shares should be sent within the next 12 hours. |
Feyloan
|
Posted - 2008.01.17 14:58:00 -
[55]
Good to hear, the Isk will be transfered tomorrow evening, owing to me being away and not likely to be near an eve-capable PC until then, is this ok?
|
Professor Bunsen
Optech Mineral Ventures
|
Posted - 2008.01.17 20:51:00 -
[56]
No problem. Waiting on isk from
Dougalar 250
Feyloan 250
Rix Machur 100
|
Dougalar
Imperium Technologies
|
Posted - 2008.01.18 13:27:00 -
[57]
Originally by: Professor Bunsen
No problem. Waiting on isk from
Dougalar 250
Feyloan 250
Rix Machur 100
Sorry about the delay I will forward this tonight.
So Long And Thanks For All The ISK
Join M8S Racing Team sponsored by Frontier Technologies!
|
Rix Machur
Gallente
Trader's Academy
|
Posted - 2008.01.18 14:00:00 -
[58]
Isk sent. Sorry for the delay - I didn't get a chance to log in until now.
Cheers,
Rix.
|
Professor Bunsen
Optech Mineral Ventures
|
Posted - 2008.01.31 21:22:00 -
[59]
OPT-M Results - Fortnight ended 1/2/08
- Valuation at start of 2 week period 10 bil
- NAV at end of this period is 10.458 bil, i.e. 458 million increase (net of salary)
- 28 day ROCU 6.48%
Full results history
Activity on Eve-Index is not picking up as hoped and consequently the profits continue to represent old fashioned trading, and in a falling mineral market. This is not fun, and whilst I am able to generate a return it is nowhere near my ambitions. I am going to chalk this one down to experience and at the end of Feb when the current mineral options expire I expect to be winding up OPT-M and buying back the shares at full NAV.
The difficulties in getting substantial usage of the fairly esoteric concept of an options market were anticipated. However I still wanted to give it a try and I got great satisfaction from solving the problems and making the market software actually work. There are elements of the coding for Eve-Index that will be cannibalised for another project so all is not wasted.
Bunsen
[Eve-Index][Traded Mineral Options Tutorial] |
Dreysine
Paratheoanametamystichood
|
Posted - 2008.02.01 22:36:00 -
[60]
Originally by: Professor Bunsen
The difficulties in getting substantial usage of the fairly esoteric concept of an options market were anticipated. However I still wanted to give it a try and I got great satisfaction from solving the problems and making the market software actually work. There are elements of the coding for Eve-Index that will be cannibalised for another project so all is not wasted.
sorry to hear that it didnt work out, but i salute you anyway. i learned alot about futures from your site, even tho i never had the time to do any trading. i look forward to your future projects.
|
SiJira
|
Posted - 2008.02.02 15:46:00 -
[61]
there is room for this in the future but itll need a lot more publicity
Trashed sig, Shark was here |
Dougalar
Imperium Technologies
|
Posted - 2008.02.11 11:36:00 -
[62]
Originally by: Professor Bunsen
OPT-M Results - Fortnight ended 1/2/08
[Activity on Eve-Index is not picking up as hoped and consequently the profits continue to represent old fashioned trading, and in a falling mineral market. This is not fun, and whilst I am able to generate a return it is nowhere near my ambitions. I am going to chalk this one down to experience and at the end of Feb when the current mineral options expire I expect to be winding up OPT-M and buying back the shares at full NAV.
Bunsen
Any news on this?
So Long And Thanks For All The ISK
Join M8S Racing Team sponsored by Frontier Technologies!
|
Professor Bunsen
Optech Mineral Ventures
|
Posted - 2008.02.12 22:29:00 -
[63]
Originally by: Dougalar
Any news on this?
What news are you looking for? I think the quote you quoted is pretty self explanatory, but if you have a specific query fire away!
[Eve-Index][Traded Mineral Options Tutorial] |
Hexxx
Minmatar
|
Posted - 2008.02.12 22:46:00 -
[64]
Originally by: Professor Bunsen
OPT-M Results - Fortnight ended 1/2/08
- Valuation at start of 2 week period 10 bil
- NAV at end of this period is 10.458 bil, i.e. 458 million increase (net of salary)
- 28 day ROCU 6.48%
Full results history
Activity on Eve-Index is not picking up as hoped and consequently the profits continue to represent old fashioned trading, and in a falling mineral market. This is not fun, and whilst I am able to generate a return it is nowhere near my ambitions. I am going to chalk this one down to experience and at the end of Feb when the current mineral options expire I expect to be winding up OPT-M and buying back the shares at full NAV.
The difficulties in getting substantial usage of the fairly esoteric concept of an options market were anticipated. However I still wanted to give it a try and I got great satisfaction from solving the problems and making the market software actually work. There are elements of the coding for Eve-Index that will be cannibalised for another project so all is not wasted.
Bunsen
Bunsen, your site is ahead of it's time. This is both a good thing and a bad thing. I truely hope you continue your work in this space (options trading).
My suggestion is to perhaps get a little creative with some of the options. Futures Exchanges are very popular as a form of entertainment and more than a few papers have been written on the power of perdictive markets (Google uses an internal one in fact). Please consider other "options" for your Options Exchange.
p.s. Yes, that was a pun.
Consulting, IPO Template, and Stock/Bond definitions.
|
Professor Bunsen
Optech Mineral Ventures
|
Posted - 2008.02.17 17:55:00 -
[65]
Final valuation for the fund is a whisker off 10.8 bil.
Total profits for the fund since 1 Oct 07 was a fairly respectable long term average of 7.6 % per 4 weeks.
OPT-M is now officially winding up and the full value of the fund will be paid out as dividend over the next 2 days.
[Eve-Index][Traded Mineral Options Tutorial] |
Professor Bunsen
Optech Mineral Ventures
|
Posted - 2008.02.19 22:05:00 -
[66]
Final dividend of 10.8 bil paid out to shareholders. This corporation is officially closed and the shares have no value. Balogh has been asked to kindly delist from RESX.
Thank you for flying with OPTECH. I'm disappointed this was "respectable" rather than "awesome" but thats the way the cookie crumbles sometimes.
Eve-Index will run until the end of the option expiry on 31 Feb 08 to honour all existing commitments.
Bunsen will ride again 
[Eve-Index][Traded Mineral Options Tutorial] |
Potsnack
|
Posted - 2008.02.20 19:31:00 -
[67]
Final dividend/isk received with my thanks and shares returned.
You have done a great job sir and I wouldn't hesitate for one second to invest in you again in the future.
Regards
Pot
|
Brisco Smiley
Peppermint Bay Trading Company
|
Posted - 2008.03.03 19:19:00 -
[68]
Originally by: Professor Bunsen
Eve-Index will run until the end of the option expiry on 31 Feb 08 to honour all existing commitments.
It was a great service. I look forward to the wrap-up of those accounts.
|
| |
|
| Pages: 1 2 3 :: [one page] |