twentyseventy (OP)
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April 21, 2014, 01:26:04 AM |
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In case anyone is wondering about the significant decrease in the number of outstanding shares, I've just done a buy-back for 1800 shares for a shareholder. Cheers-
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twentyseventy (OP)
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April 21, 2014, 04:18:52 PM |
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Period 8, Day 3 Report - April 21, 2014
Balance Post Divs: BTC 496.2413291800
Total Units: 6985
NAV/U: BTC 0.07104385
Again, 1800 shares were bought back last night so the number of shares (and absolute funds on hand) has decreased. Even after today's MINE dividends, the NAV/U actually increased due to the fact that shares are bought back at 98% of NAV/U (as all buy-backs are).
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twentyseventy (OP)
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April 22, 2014, 04:04:28 PM |
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Period 8, Day 4 Report - April 22, 2014
Balance Post Divs: BTC 487.15901259
Total Units: 6890
NAV/U: BTC 0.07070522
Processed a buy-back today for 100 Shares-
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twentyseventy (OP)
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April 23, 2014, 04:04:25 PM |
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Period 8, Day 5 Report - April 23, 2014
Balance Post Divs: BTC 497.22702338
Total Units: 7064
NAV/U: BTC 0.07038887
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twentyseventy (OP)
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April 24, 2014, 04:08:11 PM |
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Period 8, Day 6 Report - April 24, 2014
Balance Post Divs: BTC 497.63916067
Total Units: 7105
NAV/U: BTC 0.07004069
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twentyseventy (OP)
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April 25, 2014, 04:06:06 PM |
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Period 8, Day 7 Report - April 25, 2014
Balance Post Divs: BTC 502.6527933600
Total Units: 7210
NAV/U: BTC 0.06971606
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twentyseventy (OP)
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April 26, 2014, 04:04:45 PM |
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Period 8, Day 8 Report - April 26, 2014
Balance Post Divs: BTC 502.43529338
Total Units: 7243
NAV/U: BTC 0.06936839
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twentyseventy (OP)
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April 27, 2014, 04:03:56 PM |
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Period 8, Day 9 Report - April 27, 2014
Balance Post Divs: BTC 518.07432370
Total Units: 7496
NAV/U: BTC 0.06911343
Looks like the Difficulty will change past Noon on Tuesday, so the SELL dividend will be issued on Wednesday (assuming the increase continues).
Is there any other information you guys would like in the daily reports?
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twentyseventy (OP)
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April 28, 2014, 04:12:14 PM |
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Forgot to schedule the dividend today, so it should go out around 1PM. Report will be issued afterwards; EXCH ask has been taken down until that time so that no newly issued shares receive a dividend.
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twentyseventy (OP)
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April 28, 2014, 05:06:39 PM Last edit: April 29, 2014, 04:28:11 PM by twentyseventy |
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Period 8, Day 10 Report - April 28, 2014
Balance Post Divs: BTC 516.67184019
Total Units: 7514
NAV/U: BTC 0.06876122
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twentyseventy (OP)
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April 29, 2014, 04:27:54 PM |
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Period 8, Day 11 Report - April 29, 2014
Balance Post Divs: BTC 516.63332575
Total Units: 7551
NAV/U: BTC 0.06841919
SELL Dividend will be issued tomorrow!
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twentyseventy (OP)
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April 30, 2014, 03:47:52 PM |
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Period 8 End Report - April 30, 2014
Previous Units 8421 EXCH Sold 1068 Less Buybacks 1900 New Total Units 7589
Previous Balance 606.81733699 Price per EXCH 0.07422180 Gross Sales of EXCH 79.26888240
Less Fees 0.31707563 Less Dividends 32.64426090 Less Buybacks 132.20406500 Less Mgmt Fee 1.53289177 Net Balance 519.38792609
End of Period 8 NAV/U 0.06843957
New Difficulty 8,000,872,136 New Daily Dividend 0.00031428 New Reserve per Unit 0.06285600
NAV/U Less New Reserve = 0.06843957 - 0.06285600 = 0.00558357
SELL Dividend 0.00558357
You'll notice that I calculate the new Dividend to eight digits and multiply that times 200 Days to get the new Reserve. Those of you that did your own calculations may come up with a slightly different number if you chose not to round or to round elsewhere.
New EXCH Sales Price 0.06474168
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twentyseventy (OP)
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April 30, 2014, 04:07:41 PM |
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Period 9, Day 0 Report - April 30, 2014
Balance Post Divs: BTC 474.62914244
Total Units: 7589
NAV/U: BTC 0.06254172
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twentyseventy (OP)
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May 01, 2014, 05:40:05 PM |
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Period 9, Day 1 Report - May 1, 2014
Balance Post Divs: BTC 500.23551947
Total Units: 8031
NAV/U: BTC 0.06228807
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twentyseventy (OP)
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May 02, 2014, 04:03:52 PM |
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Period 9, Day 2 Report - May 2, 2014
Balance Post Divs: BTC 513.52025348
Total Units: 8283
NAV/U: BTC 0.06199689
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twentyseventy (OP)
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May 03, 2014, 04:03:11 PM |
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Period 9, Day 3 Report - May 3, 2014
Balance Post Divs: BTC 517.69223662
Total Units: 8391
NAV/U: BTC 0.06169613
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twentyseventy (OP)
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May 04, 2014, 04:52:17 PM |
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Period 9, Day 4 Report - May 4, 2014
Balance Post Divs: BTC 516.24704019
Total Units: 8410
NAV/U: BTC 0.06138490
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twentyseventy (OP)
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May 05, 2014, 04:02:19 PM |
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Period 9, Day 5 Report - May 5, 2014
Balance Post Divs: BTC 515.98779951 Total Units: 8443 NAV/U: BTC 0.06107810 EDIT: Just wanted to remind people of the following fact; the DI is tracking to increase about 9% at the moment, but has been falling steadily over the last few days. Looking at putting together a FAQ post in one of the early post of mine in the thread: I think this is a good time to remind everyone (or make aware to those that haven't done the math) that the Difficulty needs to increase around 6.5% in order for there to be a SELL dividend issued. I say 'around' since it will be somewhat less if there are significant sales of EXCH, which increase the NAV/U.
This is because the Period is started with 200 Days of Dividends and .5% is paid out each day in dividends to MINE (1 Day / 200 Days = .5%). So, at the end of a 10-Day Period, there are only 190 days of dividends remaining at that ending Period's Difficulty.
If there is a Difficulty increase of greater than about 6.5%, then the necessary Reserve of 200 day of dividends has decreased enough to make this a non-issue. If the Difficulty has increased at less than that approximate rate (or stayed the same, or decreased), then the required Reserve is higher than the actual Reserve and there will be no SELL dividend.
TL;DR It's possible that there could be a Difficulty Increase, but no dividends will be issued to SELL for that Period due to the paid Dividends outstripping the decrease brought on by the small Difficulty Increase. But you really should be reading the whole explanation.
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twentyseventy (OP)
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May 06, 2014, 05:20:33 PM |
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Period 9, Day 6 Report - May 6, 2014
Balance Post Divs: BTC 517.84953829
Total Units: 8520
NAV/U: BTC 0.06078046
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twentyseventy (OP)
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May 07, 2014, 04:55:19 PM |
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Havelock advised that their site is running slowly today due to the SCRYPT offering; Dividends will be issued soon. Will allow new shares of EXCH at that time.
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