News Frontier Developments plc IPO announcement
- Thread starter Michael Brookes
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I was unaware of the kickstarter so missed the concept and just heard £2.5mil bandied about. Was it £2.5m backing required for FDEV to develop the game, or a minimum of £2.5m?
I only ask as 30k players (at pb and earlier x £100) = £3mil sales
20k player at beta £50 = £1mil
So ED sales are already at £4m? Or have i totally misunderstood the kickstarter concept here?
ED sales are around 4M, however they took numbers down in backer's app. Four weeks ago they were around 60k and 3.7M.
FDEV chart and up again past the 3,00 GBP mark - go go FDEV 
that was earlier today. tiny stocks - tiny moves big change ^^ now sitting pretty at +2,5% for teh day
that was earlier today. tiny stocks - tiny moves big change ^^ now sitting pretty at +2,5% for teh day
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Heres a link to the kickstarter when it closed in jan2013 rest has been raised since
https://www.kickstarter.com/projects/1461411552/elite-dangerousFor the love of all that is holy please do not sell to EA. I know the huge bucket of money is tempting but they will kill this game.
/signed.
You might to look in on the history DBOBE has had with Publishers, it would put your mind at rest.
In theory yes, it is entirely possible for EA or any other company to buy enough shares in fdev to take control. Indeed, they only need buy more than 30% of the shares, and they would automatically be obliged make a bid for the entire company under ukla rules.
However, the reason you don't need to be concerned is this: http://www.frontier.co.uk/investor_relations/shares/
The company is still 56% owned by David Braben. This is still very much his company and it would be impossible for anyone to take control while he retains that kind of position.
Unless of course DB actually wanted to sell to EA, in which case it would be very easy for them to do so once they had DB's %.
Can't see DB wanting anyone to be able to tell him what to do or how to run his company (ever again) personally.
Heres a link to the kickstarter when it closed in jan2013 rest has been raised since
Awesome! Thanks @Wavey1, that's the concept info I was lacking.
To answer my own question turns out the stretch goal was only £1.5m (to include 10 extra ships too - yay!) so I don't know where I got £2.5m from?!
~£4m backer/alpha/pb/beta sales already less all the salaries, further overheads, deductables (goodwill/marketing/intellectual rights etc) must surely mean FDEV can't be too far off the £1.5m of funding mooted to get ED where we all want it over the next few years, if they haven't already hit it as cleared funds.
Role on gamma release and all the additional sales revenue. Not least all the extra in-game players to have fun with across the universe!
[**Just to remind any new beta thread readers that you could lose all your money with any share, especially AIM shares such as FDEV, and holding a non-diversified portfolio (ie just these!) is NEVER recommended by professionals - of which I am not by the way. Position held, long.]
about GBP 80K since dec/jan 2014, in theory. obviously illiquid stock is difficult to value. but here for the very long run and trying to get more shares at a better price (around 2,25gbp i wish)
the next interesting date is 4. september with the annual report, and then the first 3 months after gold release. plus obviously news needed on other 3rd party contracts, substantial long term ones pretty please
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about GBP 80K since dec/jan 2014, in theory. obviously illiquid stock is difficult to value. but here for the very long run and trying to get more shares at a better price (around 2,25gbp i wish)
the next interesting date is 4. september with the annual report, and then the first 3 months after gold release. plus obviously news needed on other 3rd party contracts, substantial long term ones pretty please
Thank you. I wish I had invested earlier.
about GBP 80K since dec/jan 2014, in theory. obviously illiquid stock is difficult to value. but here for the very long run and trying to get more shares at a better price (around 2,25gbp i wish)
the next interesting date is 4. september with the annual report, and then the first 3 months after gold release. plus obviously news needed on other 3rd party contracts, substantial long term ones pretty please
Looks like your generous donation to the project is reaping you rewards - congrats.
Tempted to buy some shares myself!
New XBox One exclusive deal.
http://www.eurogamer.net/articles/2...er&utm_medium=social&utm_campaign=socialoomph
Looks big improvement over Coaster Crazy, though concept needs better trailer to sell
http://www.eurogamer.net/articles/2...er&utm_medium=social&utm_campaign=socialoomph
Looks big improvement over Coaster Crazy, though concept needs better trailer to sell
New XBox One exclusive deal.
http://www.eurogamer.net/articles/2...er&utm_medium=social&utm_campaign=socialoomph
Looks big improvement over Coaster Crazy, though concept needs better trailer to sell
Nice one^^^
tis so easy to forget that Frontier have other stuff apart from Elite Dangerous, which could come in handy
Nice one^^^
tis so easy to forget that Frontier have other stuff apart from Elite Dangerous, which could come in handy
Actually this trailer is good place to count reused stuff from ED
Also I believe that those clouds and sky are also benefit from work on ED.
I have experience in investing stocks, commodities & futures, options etc. But I've never invested anything outside of my country (USA) and I've not a single clue where to get started in the UK, let alone if it's even possible for American citizens to invest in companies online. If anyone has useful information as to where US citizens are able to begin investing in UK companies that would be helpful.
INaeem
Elite Greeter
It looks like Fidelity investments will let me buy London Exchange shares with no minimum and pretty reasonable fees. I can't buy any for a few days due to new account verification. I will follow-up with a post when I purchase some shares
EDIT: Using Fidelity.com I was able to purchase shares of FDEV (they refer to the ticker as FDEV:GB). They have no minimum order, the commission is a flat 9 British Pounds per order and the exchange rate from Dollars to Pounds is 1% of the amount exchanged. There is also no annual fee or any other fees for having an account with them. Not too shabby!
The post above may prove useful. Take care and Elite.
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