Selling shares in Monzo from crowdfunding round?

Monzo Chat Crowdfunding & Investors
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I’d pay £3 a share no problem :wink:

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I think everyone would pay £3 per share :joy:

Could they reach £5…:thinking:

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Chances are they are in one certificate so cannot be separated. Good to know though.

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Are there any admin fees involved when doing this?

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My bid is 4£ a share, payable via Monzo.me :+1:t2:

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127

would you accept a cheque :wink:

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That was going to be my max bid, so guess I am out :disappointed:

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If this goes up to £5 I will sell one of my blocks. £6 and will sell them all :wink:

For context I now have a holiday and car accident excess to pay for as of last week :man_facepalming:t2:

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Will you be sharing the price that was agreed? I am sure many are keen to know.

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Last lot of shares I know of were traded at 150% of original purchase value if that any indication

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@anon44204028 are you referring to this? It must be guaranteed the latest went for at least £4 :thinking:

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No. I am not refering to anyone’s facts or theories on dilution, but the actual price paid on a secondary sale of a block of Monzo crowdfunding shares versus the original face value purchase price in the crowdfunding round.

When reading posts quoting share purchase prices and dilution effects bear in mind that each round were at a different value so three sets of data could be provided not one, otherwise you may be refering to data from a different round. The seller should always clarify what round they were from and/or original price per share for your reference.

Due to demand shares from any round should resale at a premium, and ultimately they have no value other than what you are prepared to pay for them.

Conversely, when Tide lost their banking license (now regained) people were trying to sell for face value, but with more people wanting to offload the shares than buy them their true value was less than originally paid for so they were being offered at a loss.

I feel the future for Monzo looks good, and it is a great app. With about 50% of the prepaid users converted to the new current account, that is a positive sign too. I can easily imagine shares being snapped up on the secondary market for £5 or so, particularly as any crowdfunding round this year is likely on past performance to be oversubscribed leaving more disappointed investors without shares.

Were Monzo to prepare a prospectus to get fund raising limits raised it may resolve that issue, but currently that looks unlikely.

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Sorry I was referring more to the sale price as that was fact based on a sale but of shares from 3 rounds.

@anon44204028 do you know what the first round price was? The second was £1 (though I only got 498 for my £500 :thinking:) and the third was £2.3566

Edit: I agree with your updated post and was thinking along the same lines which is why I added the above.

Ultimately it doesn’t matter to the buyer what round the shares were from its more what the seller is prepared to sell for. The difference between the two is to the benefit/loss of the seller only. :+1:t2:

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Sorry. Not sure. Away from home on the road so no access to my notes. Maybe AlexS RichardR or Naji may know the first round prices?

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51.22p per share crowd cube round 1
100.5p cc round 2

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thanks @mmccart1 !

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Ah that explains the 498 shares I guess.

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Are you willing to let us know the sell price?

I ask because I see it now says you have sold them.

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Congrats on your purchase :sunglasses:

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Are the third round shares tied to the second round at all? So could I sell round 2 and keep round 3?

Also any HMRC impacts I need to consider if selling?

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