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Share Price Decimal Places: 2 vs 4

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Bibiwe Traffic Value: $282.32434 United Kingdom 1 like this post 10 people 21/06/2014 02:22 Jo Dear, the beauty of the Stock Exchange Market any where in any part of the world is THE SHARPNESS IN PRICE FLUCTUATIONS. If you want the MTV Shareholders Marketplace to experience this sharpness in price fluctuations, you should restrict the price decimal places to 2 decimal places only. The current 4 decimal places extension slows down this sharpness I have been talking about. THE FLOOR IS OPEN FOR REACTIONS: on your marks! Ready? Let's Goooooooo! Jo Traffic Value: $8,649,585.93592 Spain 11 like this post 0 people 21/06/2014 07:47 I believe you are right. However, I think we have to let people sell them at any rate they like. We'll get a truer value like that. And right now, 2decimal places would be a huge jump / drop in share price... $0.05 = $0.50 of the old shares. So forcing the next price to be either $0.06 or $0.04 is a 20% change in the valuation. A bit extreme. Brainy Traffic Value: $1,095,877.628 Canada 1 like this post 0 people 22/06/2014 00:20 In fact, I think the best range would be 3 decimals. We split the shares by ten ,so the third decimal means the cents with the old share system. Currently $0.06 means $0.60 with old shares. $0.065 means $0.65 with old shares. The fourth decimal is useless. It means one tenth of a cent with the old share system ---$0.0654 means $0.654 with old share system---. I think it's useless to go through ten tenth of a cents to increase the share price by 1 cent. 3 decimals would be perfect Brainy Traffic Value: $1,095,877.628 Canada 1 like this post 1 people 22/06/2014 01:03 The fourth decimal will only be usefull when we split the shares again. $0.0001 with the second split will mean $0.01 with old share system. So I strongly suggest you Jo to pull out 1 decimal in the current share market to get to 3 decimals. And, only add the fourth decimal when we resplit the shares. I'm pretty sure the price will rise up quite faster like that. What do you think? inditech Traffic Value: $13,962.16825 Australia 1 like this post 0 people 22/06/2014 02:33 KISS - Keep It Super Simple I like transparency to the fourth decimal. Brainy Traffic Value: $1,095,877.628 Canada 0 like this post 0 people 22/06/2014 03:17 This has nothing to do with transparency. People are currently battling about tenth of cents. ($0.06997, $0.06996, $0.06997, $0.06998...) If the fourth decimal was removed, people would be battling for shares with cents. It would be more logical like that and the fourth decimal could be implemented again, after the second share split. inditech Traffic Value: $13,962.16825 Australia 0 like this post 0 people 22/06/2014 05:01 Well, it matters to PaidVerts and the Monitoring Game.... hrjustinptc - Forum moderator Traffic Value: $8,376.82638 United States 0 like this post 0 people 22/06/2014 06:34 yeah PV ads go all the way down to $0.0005 I personally think lowest should be $0.001 to be honest lol. Jo Traffic Value: $8,649,585.93592 Spain 5 like this post 0 people 22/06/2014 09:40 I am going to leave this as it is for now. I think it's important to let people fuss over micro cents. If they want to undercut each other by even a tiny amount for a faster sale. Then that's all part of the supply & demand picture / reality. If we force the growth too fast; it creates a bit of a bubble. Let's permit the people that want to bail / profit take to do so at the earliest opportunity. Then that creates further opportunities for everyone else, once they're out of the way. mytraffic34 Traffic Value: $4,129.21683 Netherlands 0 like this post 0 people 22/06/2014 10:32 I agree with the topic person  and both Brainy and Jo, so I do think you can find a way maybe after a price value lets say 20cents or any other number to put back the 2 decimal. and maybe also after 50cents to put back in 4 decimal that will help not "bubbling things out" Also have a question, is Paidverts going to keep buying shares after selling those 140k? Jo Traffic Value: $8,649,585.93592 Spain 2 like this post 0 people 22/06/2014 11:23 PaidVerts will keep re-investing 50% of ad pack purchases in MTV; via both Shares + the 250% plan. That's all part and parcel of its business model. PV will also keep working on its own debt reduction strategies, via 'pure advertising' to double dip on the user BAP balances. So hopefully it'll go from strenght to strength; and the subsequent financing will help MTV go from strength to strength! Brainy Traffic Value: $1,095,877.628 Canada 0 like this post 0 people 22/06/2014 15:02 Alright. I might sell some shares then. The 250FTP is very interesting at the moment!