TULIP Mania Game Round 2 Report - Day 7 of 15
Sales have paused at the 3-cent mark and today is the third token buyback.
So let's look at today's numbers.
Token sales = 1679 STEEM
Fund value = 1750 STEEM
Fund paid out = 117
Current fund value = 1633
Fund value = 104.2% (This tracks our profit and should be over 100%)
Fund paid = 6.7% (This tracks the token buy-back payouts as a percentage of the Fund Value and will max at 100%)
ABV = 1.40 STEEM cents (indicative)
Today have placed 4000 TULIP tokens on the market with a buyback price of 1.50 STEEM cents.
Please read this post regarding the buybacks and cash basis used in this particular TULIP Mania Game.
I don't wish to overload this page with numbers, especially as I have given enough raw information for everyone to figure stuff out themselves. One consequence of creating open buy orders is that they require funds to be set aside, so that such funds cannot be earning at the same time. This is one reason those price-points will remain till the end. The other consequence is that some earnings, such as post rewards, are independent of the capital fund so that the ABV should rise faster than normal.
In both cases, we shall soon experience the reality of the theory!
Any feedback appreciated.
[BUY MAXUV] - [READ MAXUV]
[BUY MAPR] - [READ MAP REWARDER]
[BUY MAPXV] - [READ MAPXV]
ONECENT: The First Strategic Token Investment Game (STIG)
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