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Vhaluus
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Posted - 2008.08.10 15:06:00 -
[31]
 Originally by: Treelox
starlight, might i suggest you take the lessons learned from the "mistakes" and "ommisions" from this thread and start a new thread.
Just change the OP to link to the new thread.
agreed and as suggested have a table going of who has current bid what. Because tbh I am still utterly confused.
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Arch Miner
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Posted - 2008.08.10 15:31:00 -
[32]
Edited by: Arch Miner on 10/08/2008 15:31:34
1 block @ 100 mill--just making sure it gets posted..sorry for multiple posts!
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Finedele
Marquie-X Corp
Majesta Empire
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Posted - 2008.08.10 16:39:00 -
[33]
when exactly does the auction end? excactly 48 hours after original post?
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Ronisu
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Posted - 2008.08.10 16:51:00 -
[34]
I would like to bid on 1 block at 100 million.
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Elias Riikonen
Aliastra
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Posted - 2008.08.10 17:31:00 -
[35]
Originally by: Starlight Horizons
As it stands now I have received 10 bids but only equaling 840, which is shy of what my target was. I will admit that I am a bit perplexed myself as to how to effectively handle this type of Auction.
You don't seem to understand that in a dutch auction, you're not supposed to sell the blocks for variable prices. You're not supposed to charge someone 100m and someone else 40m for the very same product. You're supposed to charge everyone the lowest winning bid, which would currently be 40m.
And you should specify what's the lowest acceptable bid. In the opening post you claimed it's 100m, but now you have been accepting lower bids. So can I bid something ridiculously low like 1 isk per block? Then if I don't get outbid, you would end up selling all the blocks for such a low price, if this is indeed supposed to be a dutch auction...
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Calgorac
The Arrow Project
Morsus Mihi
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Posted - 2008.08.10 18:48:00 -
[36]
If you are realy following the "CCMS3" template then at close all winners will pay the amount of the lowest "winning" bid IE 40m per share currently
also, my bid was for all available shares at 40m why do I see so many blocks of stock listed with no bidder?
For Buy back option Contact "James Omerand" ingame.39 billion under Management |
Ambo
Dirty Deeds Corp.
Axiom Empire
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Posted - 2008.08.10 18:48:00 -
[37]
I'm confused. You say starting price is 100m for a block of 100 shares but you've got bids listed at 40m and 70m for a block...
So can I place a bid at less than 100m or would I just be wasting my time?
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John Agrippa
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Posted - 2008.08.10 19:17:00 -
[38]
It looks like things might be restarted, but in case they are not..
I'll add to my original bid: 5 blocks @ 57m.
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Shadarle
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Posted - 2008.08.10 22:38:00 -
[39]
If you want 10 billion isk then why are you letting people manipulate their investment value? Let them bid on rates of return, not investment price. The only reason to do it as you are is if you're doing market manipultion and need as much money as you can get, but the overall amount is not that important.
Set the price on all to 100 mil and start the RoR at 8-10% and let people bid it down by .1% increments. It's pretty easy to understand that way.
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Treelox
Amarr
Market Jihadist Revolutionary Party
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Posted - 2008.08.10 22:42:00 -
[40]
Originally by: Shadarle
If you want 10 billion isk then why are you letting people manipulate their investment value? Let them bid on rates of return, not investment price. The only reason to do it as you are is if you're doing market manipultion and need as much money as you can get, but the overall amount is not that important.
Set the price on all to 100 mil and start the RoR at 8-10% and let people bid it down by .1% increments. It's pretty easy to understand that way.
Got to agree with Shadarle.
Still not sure why Starlight approached it this way, but hey im having fun atm.
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Proton Power
Amarr
Power Corrupts Tech
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Posted - 2008.08.10 23:43:00 -
[41]
This bid does not reflect Ebank or Myself, I have no other details than anyone else.
Bid 40 Blocks of 100 at 50mil Each = 2bil Total.
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Starlight Horizons
Starlight Horizons Corporation
New Eden Research
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Posted - 2008.08.10 23:54:00 -
[42]
Please see changes in the bidding thread.
Basically, each share is set at a minimum cost of 1 Million ISK. No lesser bids will be accepted. I want people to bid on the interest rate they want. I am currently at work, so I can't log in until later this evening to answer any evemails.
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leona starfire
LS Trading and Production Inc.
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Posted - 2008.08.11 03:43:00 -
[43]
The risk vs reward on this offering is not worth it as far as I am concerned, any IPO who offers less than 8% return a month is not worth investing in.
Also the way you have changed how the auction works has become a bit off a joke, it would have been far better to just offer the shares at a set price with a set return.
I will not be investing this time but I wish you luck with your new IPO.
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