Post
Topic
Board Securities
Re: [BTC-TC] Deprived Mining Speculation (DMS)
by
Deprived
on 21/06/2013, 18:15:40 UTC
Sold   150
Swapped   0
Total   150
Price   0.054412
Total   8.1618
Less Fee   8.1454764
Man Fee   0.244364292

BTC Balance (BTC-TC)    961.23784813
12500 LTC-ATF.B1    125.00000000
TOTAL ASSETS    1,086.23784813
   
Outstanding MINING   20608
Outstanding SELLING   20608
Outstanding PURCHASE   351
Effective Units   20959
   
Block reward   25
Difficulty   19,339,258
Hashes per MINING   5000000
   
Daily Dividend    0.00013002
50 days (Min Liquid)    0.00650111
100 days (Forced Close)    0.01300222
365 days (Buyback)    0.04745810
405 days (IPO)    0.05265898
400 days (Post SELLING div)    0.05200887
410 days (Pre SELLING div)    0.05330910
   
NAV Post MINING Div    1,083.51271315
NAV/U Post MINING Div    0.05169678
Days Dividend Post Div   397.60
SELLING Dividend    -         
NAV Post SELLING Div    1,083.51271315
NAV/U Post Selling Div    0.05169678
PURCHASE selling price    0.05428161
PURCHASE buy-back price    0.05066284


Regarding the NAV/U, am I right in thinking that the only things that can affect it are:
a) dividends from LTC-ATF.B1 (positively only, this cannot subtract from the BTC balance)
b) paying out DMS.MINING dividends (subtracts from it)
c) paying out DMS.SELLING dividends (subtracts from it)

Just trying to make sure I understand the cashflow correctly...

a) could include other investments as well.

There's also a couple of other things that can change NAV//U upwards:

d)  When a new PURCHASE is sold, after management fee is taken on it the funds added to capital are still above NAV/U.  That increases overall NAV/U very slightly.
e)  If someone sells PURCHASE back (or a MINING + SELLING - not available at present but will be if it ever becomes needed) it would be at 2% below NAV/U, also increasing the NAV/U of remaining units.  Selling MINING + SELLING back will only be offered if/when there's a need for it - i.e. if it isn't possible to sell a MINING + SELLING to market for at least the amount a buy-back at NAV/U -2% would give.  That's necessary (and promised in the contract) to ensure noone is ever locked in with zero demand for BOTH MINING and SELLING.

On point e, I'll already buy back pairs of MINING + SELLING in decent quantities if anyone wants to get out at NAV/U -2%.  That guarantees a minimum level of liquidity - and gives a baseline price people can rely on if they want to close a position by buying the other of the pair to match their holdings.