Quote from: Karl Hungus on July 24, 2017, 08:21:19 PM

Quote from: Karl Hungus on July 18, 2017, 03:00:27 AM

Announcement:: Phoenix Trust Auction

Gringotts is selling the first 10% of Phoenix Trust shares (S-PT) in a dutch auction, i.e.1000 shares.

Bids are to be given in the following format: "quantity @ price in M per share / CK player name::ID".

For example "10 @ 5M / OZ::26" , bid total in this example would be 50M

Earlier bids win over later ones @ the same price, and all winners pay the same amount per share

No end time is placed on the auction close now, at least 48 hours notice will be given, some players may not be checking this thread as regularly as before.

Current Situation

100 @ 5.0 mil M / Kevorkian::979
  50 @ 3.5 mil M / goin2mars::111
100 @ 3.0 mil M / speed::1273
100 @ 3.0 mil M / DeptStore::412
650 @ 2.75 mil M / Loaf::680

----------------------------------------------

350 @ 2.75 mil M / Loaf::680
100 @ 2.5 mil M / speed::1273
  25 @ 2.3 mil M / Odin:: 1001
  50 @ 2.3 mil M / tombot::215
130 @ 2.3 mil M / DeptStore::412
250 @ 2.25mil M / Mooo::88
100 @ 2.2 mil M / Kevorkian::979
200 @ 2.2 mil M / HMC::130
1000 @ 2.1 mil M / Loaf::680

If the auction would end now, the price would be 2.75mil / S-PT

Auction will end @ 10 PM on July 24 UTC

Auction has finished!
Thank you to ALL who participated!

Winning price for S-PT is 2.75mil per share

100 @ 2.75 mil M - send 275 mil / Kevorkian::979
50 @ 2.75 mil M - send 137.5 mil / goin2mars::111
100 @ 2.75 mil M - send 275 mil / speed::1273
100 @ 2.75 mil M - send 275 mil / DeptStore::412
650 @ 2.75 mil M - send 1787.5 mil / Loaf::680

Congratulations to the winners, please send required amounts to Gringotts [1963]

The auction values Phoenix Trust at 27.5 Billion M

edit:
The next S-PT auction will happen AFTER the depository has opened
The next distribution of Phoenix Trust shares will be 1000 S-PT, paid as depositor bonuses during Gringotts opening phase