Ken,
Once our shares become tradeable again, what will the starting price per share be set to?
I don't believe the share price will be "set" to anything, the market will determine a price
Am I wrong that there has to be a starting price? Such as the last price they were listed on bitfunder. When Ken listed shares on cryptostocks, they started at .001.
That was to ensure people could do a like for like swap and not lose any shares.
I'm guessing this is how it will happen - shares will be put on the exchange in users accounts to the full total of 10Mill, the exchange will then be opened for trading. Nothing will be in the asks and bids untill holders want to buy or sell so the order book will start empty. Then trading will begin and sellers will sell at what they want to and buyers will buy at what they want to pay.
Oh, now I understand. Thank you, that makes total sense.