Buying shares


#1

Is anyone interested in selling some of their shares? Am I allowed to ask? I know there are rules in place for selling.

I will ask anyway unless told otherwise.

I would like to buy if the price is right. It looks like the next round is quite some way off now.


(Marcel Ruhf) #2

Not at the moment. It’s very unlikely to be allowed unless there is an IPO.


#3

:frowning:


(Marcel Ruhf) #4

Why want out so fast?


#5

They want to buy not sell!


#6

Buy buy buy!


(Marcel Ruhf) #7

Ah, misread it.
In yesterday’s Open Office, @tom hinted that there might a new Crowdfunding round in 6 months - but it’s not set in stone yet, so could be later.


#8

He said in six months, not six consecutive months, so it is in six non consecutive months time then!


#9

From other posts here it doesn’t seem out of the question if selling a whole ‘block’ from a round, as Monzo and Crowdcube have allowed this.

Finding someone willing to sell at the right price however may be a different matter!


#10

The selling is subject to special circumstances terms.


(Danny) #11

I will sell 1 share for 1 bitcoin


#12

To make it simple. Yes you can, you just have to find someone who wants to sell an entire block from a crowdfunding round and then contact Crowdcube and Monzo in order to get it approved.

He said: “Our next round won’t be for at least six months, I don’t think.” If correcting someone please correct the right way and not just another confusing statement. :wink:


#13

Agreed, but my impression is ‘special circumstances’ is, in practice, fairly widely interpreted.

Of course, I’ve not been through the process myself though, so happy to be corrected!