Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
ThickAsThieves
on 05/03/2014, 14:37:49 UTC
No offense taken. I attempted to do precisely that but found the exercise difficult given the method of presentation. I saw no harm in simply asking and appreciate the answer in that the arbitrage can provide useful information given there should be a direct correlation.

Because I felt bad, I actually looked into it.  In a highly un scientific way I took both charts, put them on the exact same time scale (the full life of AM100) fucked around in photoshop and came out with this in 20 seconds.  http://imgur.com/wKeR9Fb

Initially AM1 (full shares) trade at a premium, many people were not happy with the fee TAT took on these shares.  It seems like people could care less about that fee now, as the difference between the prices is so little it is hardly there... in fact for some points in time fractional shares are above full shares.


in edit: I see there's a whale  Shocked buying up in /auctions

Mind posting a link to the relevant auctions?



You'll also recall that I always stated that pricing AM100 at 95% of AM1 was a poor method.

Yes, AM100 is (most times) more restricted than AM1, but if you look at the history of how many dividends were withheld and compare that to the premium people paid at times, you'll see I was correct. This will continue to be the case if difficulty increases for the long-term.

The 5% management fee has always been paltry in the scheme of things.