Market Discussions

I think Excel can even handle automatic OCD conversions ;)

Important Update please read and reply ASAP

The IPO met way, way more success than I'd believe.

The closed ended funds reservations space ran out at beginning of page 2, Towaoc is the last Investor who fit in.

I have not finished calculating the open ended (easy) fund - for reasons explained below - but we are at 34.25B / 40B at page 2 as well.
I am very afraid for people who I REALLY wanted in, like TornSoul and several first time small Investors I'd have loved to give a chance and experience something new in EvE.


Therefore, the following choices come up:

1) Everybody past Towaoc who reserved a closed fund cannot fit and will have to try his luck purchasing shares off the Investors who made it in (on the Exchange).

2) Expand the total fund NAV.


There's also a second decision to take limited to those who (past Towaoc) reserved both ESYFND and the other shares.

1) Preserve the ESYFND reservation and drop the closed end funds reservation.

2) Drop the whole reservations including ESYFND since your closed end funds reservation did not make in.

The ESYFND reservations too go beyond the 40B cap so, once again, not all will fit in.


I eyeball the total NAV required to hold every reservation to be 130-150B.


So, I am going to ask you, the Investors, two questions:


1) Are you against expanding the NAV to fit more Investors (but not above 150B, past that it becomes a nightmare to provide dividends).

If you are against, please write your name down.


2) In case point 1 shows people against the NAV increase:

If you reserved ESYFND plus closed end funds shares, are you OK dropping the closed funds reserved shares and just reserve the ESYFND shares? If you are not, it means you are cancelling the reservation.

That's a shame but not unexpected.

Would it be possible to move other funds from the other baskets to the easyfund? So my 250mil each way becomes 1.25bil in one basket? Or am I limited to 250mil investment? I understand that not all the data has been tabulated so I am refraining from committing until that time.

And I share the same questions as Val'Dore, would this be a possibility? And likewise, if it is a case of the many before the few, I would also like to be limited to 250mil if it means more can get in on this.

Either way, this is your show and I respect your final say on judgements.

Hello VV,

At the risk of sounding greedy or ignorant I'm going to post a couple of my thoughts, this post can always be edited.

One of the things you wanted to create was a secondary market for shares if I read things correctly, would keeping the NAV at the initial number not be a good thing to help stimulate trading of shares via players?

Will increasing the NAV cause more headache, bring about burnout? Can the NAV be increased at a later date, perhaps after you have ran this for a while and have a good feeling for the workload?

While I sympathize with the people who did not make the IPO in time, I feel that increasing the NAV may not be the best thing to do at this time.

Feel free to persuade me other wise, my scope of finances is still very limited.

- Irken

Ok, I'll stick with the original plan.

I'll post later a Google Docs Excel Sheet with all the Investors names, amounts etc.


As for those who reserved both ESYFND shares and other funds, I am going to temporarily put them in for ESYFND only.

If you are one of the Investors who reserved both kinds of shares please let me know if you are ok at proceeding as is (that is, you'll only participate in the ESYFND) or if you want to cancel the reservation entirely.


Important details you have not to miss in case you could not make in:

- This is not a bond (buy and hold), shares will be placed on the exchange (expecially by Market Makers) for everybody to buy, like a normal EvE market.

- Who will buy after launch will still pay ZERO fees or anything. That is, if you have 11M and buy shares at 1.1M each then you get 11 shares no less.

- Watch the first Market Makers sell orders, some might want to cash the discount in and propose shares at a convenient price.

- Expect some large oscillations in the first days, it happens in every new market (see what happened to PI materials when they implemented PI).

Stick to your original plan.

I'll still put some money in the open ended basket, but not all of it. So only the original 500 mil.

Please reserve 7.5bill for me spread accross all 5 funds.

250mil it is. Ill have to get in faster next time.

I have heard the Investors concerns and as such (as I posted above), the 100B cap won't be changed.

However I'd like to give you a little clarification about "hurting" current Investors:

No, it would not since there's no share dilution before the funds start (the NAV and shares both are in a fixed proportion of 1M per share).

Actually, there'd be more markets liquidity.






You did not miss anything but the launch . The Exchange will be up and running once the Market Makers sent me ISK (I will tell when to) and then all you'll have to do is to open this link and place your bid!

[quote=Vaerah Vahrokha]Important Update please read and reply ASAP

2) Drop the whole reservations including ESYFND since your closed end funds reservation did not make in.

The ESYFND reservations too go beyond the 40B cap so, once again, not all will fit in.




Do we happen to know about where the ESYFND people capped out?