Well, yeeees - but obviously as it's increasing in value, it's decreasing of percentage of company owned, so unless you're earning at a rate greater than average, isn't your shareholding decreasing in value? Or am I missing something?richard@imutual wrote:Well yes, but you own next-to-diddly-squat of something that is increasing in value as more people use it
Plus remember there is still the offer of 100 shares for every single person you refer, regardless of whether they make a transaction (not sure how long we're gonna keep it that way)
jimthehorsegod wrote:Well, yeeees - but obviously as it's increasing in value, it's decreasing of percentage of company owned, so unless you're earning at a rate greater than average, isn't your shareholding decreasing in value? Or am I missing something?richard@imutual wrote:Well yes, but you own next-to-diddly-squat of something that is increasing in value as more people use it
Plus remember there is still the offer of 100 shares for every single person you refer, regardless of whether they make a transaction (not sure how long we're gonna keep it that way)
No, it won't:kevinchess1 wrote:jimthehorsegod wrote:Well, yeeees - but obviously as it's increasing in value, it's decreasing of percentage of company owned, so unless you're earning at a rate greater than average, isn't your shareholding decreasing in value? Or am I missing something?richard@imutual wrote:Well yes, but you own next-to-diddly-squat of something that is increasing in value as more people use it
Plus remember there is still the offer of 100 shares for every single person you refer, regardless of whether they make a transaction (not sure how long we're gonna keep it that way)
Assumin you earn at the same rate year after year, then the % you own will always been the same
Yes this is the key point - and I'd say yes, it is indeed the case.richard@imutual wrote: If you agree that we are doing that, then at worst the issuing of more shares has a neutral effect on the value of your existing shareholding. Because the company's value increases in proportion to the shares being issued
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