Post
Topic
Board Altcoin Discussion
Re: [ANN] [DVC] ASCMDVCPT Cryptostock Investment
by
FuzzyBear
on 08/06/2013, 07:54:55 UTC
I'm curious if you guys are going to be buying and issuing some more shares soon?

By my calculations, the shares seem to be overvalued:

On BTCT, one ASICMINER-PT share is 2.499btc = ~1999200dvc (at current vircurex exchange rate)
On the other hand, one ASCMDVCPT share is say 6000dvc, and is 1/1000th of a ASICMINER-PT share.
So they are about 3x as expensive as buying ASICMINER-PT shares directly.

As a shareholder, I'm not really complaining, but I want to buy more cheap shares! Wish I bought way more when they were 680dvc each! Cheesy

Hello Metazilla yes we are looking into buying more shares but I have no timeframe for this at the moment. Yes the shareholders must be loving the value of the shares at the moment but it probably a reflection of the fluctuations on the price of dvc and the ASICMINER shares have seen a rise in value as well... but yes i'll keep you posted on any further developments for the investment.