Auction for one DRDGold share until block 99,000

[grondilu]

*** Edit:  THIS AUCTION HAS ENDED.    See end of thread.  ***

Ok after I've successfully sold one eBay share, I'm quite exited about all the possibilities of this.

I understand people prefer to buy shares of dividend paying companies.  Usually I don't sell this kind of shares.  But I've looked in my portfolio and I've found something.

I own 10 DRDGold shares.  I'm ok to sell one of them.   This company DOES pay dividends.

Last time I received dividends was on November, the 11th 2010.  I got ZAR 0.05 for my ten shares.  This was converted into EUR 0.05.

Good thing about bitcoin is that it will be easy to convert it into bitcoins, since we have much enough decimal precision.

So I'm selling one DRDGold share, with the same process than the one described on the eBay auction thread.  This will give me an opportunity to prove that I'm honnest since you should receive dividends within a year (I know it will be small with just one share, but we're just on the beginning of the bitcoin economy after all).  See this as a proof of concept if you want.



No starting price.  Auction will end at block 99,000.




PS.  Some info about DRDGold :
ISIN :             ZAE000058723
mnemo euronext :   MLDUR.PA

yahooquote MLDUR.PA :
MLDUR.PA   DRDGOLD   0.38   12/16/2010   Paris   

[Grant]

0.00001 BTC   

[grondilu]

0.00001 BTC   

Grant initiates and leads the auction at 0.00001 BTC

[bober182]

1 bitcoin for all 10

[kiba]

2 BTC for one share.

[S3052]

2.2 btc for 1 share

[kiba]

2.22 for one share. 

[grondilu]

2.22 for one share. 

kiba leads at 2.22 BTC

[S3052]

2.23

[S3052]

2.23

[grondilu]

2.23

S3052 leads at 2.23 BTC

[kiba]

2.24

[grondilu]

2.24

kiba leads at 2.24 BTC

[S3052]

2.25

[kiba]

2.26

[kiba]

2.28

[grondilu]

2.26

kiba leads at 2.26 BTC

[Grant]

2.30

[grondilu]

2.30

Grant leads at 2.30

[kiba]

2.31