Post
Topic
Board Speculation
Re: Review of S.DICE
by
adamstgBit
on 04/01/2013, 21:15:09 UTC
I'm thinking of buying some S.DICE shares,and so I'm trying to get an estimate of the bonds annual yield

100 shares = 0.001% of all shares
assuming dividend pay out of 1,000BTC / month to share holders = 0.01BTC dividend pay out / month for 100 shares
100 shares cost ~0.4, so an investment of 0.4BTC will yield 0.12BTC a year ~30% annual yield

not bad, eh?

should i hit the buy button?  Cheesy

my calculation are dead wrong.
their are actually 100,000,000 shares, 90% of which is held by the owner, 10% of which was sold as IPO

Quote
Based on current profits, 1000 shares will earn .0299 BTC monthly (0.3588 BTC yearly) which is roughly a 8.79% annual dividend yield at IPO prices.

not as HOT as i thought but still, a good place to park some coins  Smiley