- 7 Dec 2017
Well. . . . . . after 29 days they close the Crowdcube funding and then look to see how much they have made, I think. That investment is then turned into "ordinary" shares and distributed to all those who have paid in. The individual share price has been calculated at £3.47 (roughly) per share. As it stands they should oversubscribe by a ridiculous amount. However, that is covered by the payments to the original investors who will have A1 and A2 preferred shares. As ordinary investors we have to hope that the total is more than £64.5 million. That gets us lesser types a payout as well! Or, they launch an IPO (initial public offering) and we hold tight and hope for an upward move in share price and wait for permission to sell. (Beyond Meat was a staggering success for those who got in early)
Double bubble all the way................or more!
*or not.............. thats the risk kids.