: Fri May 08, 2009 9:24 am
J.T wrote:
I know what you mean as you would need 1,000 people to put £100 in each. Seeing as we only had about 70 people in squadbuilder last I knew I think it's a little optomistic. Think they would sell more if they dropped the £100 minimum.
The price definitely rules me out. It would be nice after the initial take up, if there are any shares left over then these could be sold under the £100 minimum. This allows people unable to find out the £100 the opportunity to help and also perhaps opens it up to a wider ‘market’. Unlikely but if 500 people bought the £100 worth of shares and 2500 people purchased just £20 the club would still end up with the magic figure of £100k.