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19

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Archives » Public offering of shares
Year 11 Day 257 11:35
Sometimes there are public offerings of shares announced on the GNS. The one today says "market capital has been reevaluated from 51,037,478 to 63,954,310 credits."

Why do shares increase in market value when there is a public offering? And how is that increase calculated? Thanks.


Year 11 Day 257 11:39
Teyacapan Quetzalxochitl

http://www.swcombine.com/rules/?Factions#Stock_and_Stock_Exchange

Shares don't automatically increase in value when they're distributed, the faction just increased in value since it was created or its shares were first released.


Year 11 Day 257 12:01
Thanks for that explanation. I had searched using the word "shares" and missed that rule page.

For factions that are not Religious, Smuggler, Mercenary, Pirate or Bounty Hunter, is there a limit or rule about how many shares the initial public offering can have?


Year 11 Day 257 12:07
Teyacapan Quetzalxochitl

Not really. There's an upper level somewhere, but it's not something someone would accidentally run in to.


Year 11 Day 257 15:30
If they are 'Publically offered', where do you go to buy them?


Year 11 Day 257 20:31
To the faction. There is no public offering, it's all just pretty semantics.