Discussion of the proposed Cashback Investment Club
Moderator: CIC officers
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parchedpeas
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by parchedpeas » Mon Oct 12 2020 9:06pm
What is the current schedule for valuations and applications of funds added by members? It seems erratic at best - it used to be monthly and then slipped to something like every six weeks without any real explanation and is now two months since the last valuation.
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garindan
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by garindan » Mon Oct 12 2020 10:50pm
parchedpeas wrote: ↑Mon Oct 12 2020 9:06pm
What is the current schedule for valuations and applications of funds added by members? It seems erratic at best - it used to be monthly and then slipped to something like every six weeks without any real explanation and is now two months since the last valuation.
It is meant to be every month to be honest. I'll let Rich respond but generally you are right with your observations.
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Beachboy
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by Beachboy » Tue Oct 13 2020 10:31am
That is just a summary of our current investments. The valuation referred to is a a process (supposed to be monthly) of turning the funds transferred into the CIC by individual members into units based on the current value of the clubs investments at that point in time.
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BeautifulSunshine
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by BeautifulSunshine » Tue Oct 13 2020 11:46pm
Richard is responsible for this task.
[imutual Cashback Investment Club]
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parchedpeas
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by parchedpeas » Sat Oct 17 2020 1:42am
AAAlphaThunder wrote: ↑Tue Oct 13 2020 11:46pm
Richard is responsible for this task.
Well that reassures me that things will be dealt with in a timely manner.
#unlovedchild
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garindan
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by garindan » Sat Oct 17 2020 9:44am
parchedpeas wrote: ↑Sat Oct 17 2020 1:42am
AAAlphaThunder wrote: ↑Tue Oct 13 2020 11:46pm
Richard is responsible for this task.
Well that reassures me that things will be dealt with in a timely manner.
#unlovedchild
I'll send Rich a pm.
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richard@imutual
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by richard@imutual » Sat Oct 17 2020 11:19am
Done now, sorry for the delay. Started doing it last weekend but the Share Centre site was unavailable at the time
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