Iām hoping for a share price between Ā£4.50 and Ā£5 for series B 
Donāt think higher is out of the question.
10 Likes
I think I worked out based on previous valuations and assuming 280k users EOY it would be about Ā£4.80.
1 Like
In agreement, somewhere between Ā£4.50-Ā£5.00. Freetrade is a also a unique type of business that does well (potentially even better) during downturns.
Whatās changed since May 2020 (to name a few):
50% more users
Account types (Plus & SIPPs)
Employees, added significant experience to the team.
EU license to be granted soon
Potential footprint on the content already
Freetrade are in a much more comfortable position than they were in Mayā¦ and not to mention the the elephant in the roomā¦ Robinhood pulled its U.K. launch in July. This in itself could have caused a massive increase in valuation.
Weāre in a very strong position going forward so I expect our Series B to indicate this - but obviously not a crazy valuation.
Ā£50mn series B could be Ā£5ps x 10mn share dilution, which wouldnāt be too bad at all.
5 Likes
Donāt worry, youāre not alone. Sitting there contemplating āif only Iād put in Ā£X instead of Ā£Y and got into round A instead of B or C.ā Shit, Iāve gone over this so many times myself. Butā¦Iām flipping delighted and so should you.
Just be glad you were incredibly smart enough to take the plunge no matter how big or small. You read it well. Well done. Freetrade are gonna clean up. 
17 Likes
Just spent an hour assessing what Iāve invested in Freetrade and like others wish Iād gotten in earlier and for moreā¦ this is a ramble post and Iām happy to be corrected by the more financially literate hereā¦
8p round 1 ! Wow! I think someone out there needs to gloat about how many shares they picked up at this price point!
Above thoughts are up to Ā£5 series Bā¦ valuing a Ā£1000 investment in round 1 @ Ā£62,500!!! Capital gains shall be a thing on selling out of this in a single go!
Iāve gone for Ā£1000 as Iām assuming retail investors arenāt dropping Ā£10k Ā£100k in a 1st round, but maybe someone with deep pockets or inside knowledge or confidence did! Wowzers!
Q - Out of interest whatās the communities thoughts on when and how the shares will become properly liquid and at what priceā¦
My assumption is through IPO rather than acquisition.
Iād guess post 5 million customers.
Weāre at 350k after 4.5years? But the increase is now astronomical touching 4K per day (likely not sustainable).
So Iāll go for 2023 (based on it sounding good)ā¦
If weāre expecting a series B ( Series Funding: A, B, and C )
This will dilute shares but obviously hopefully drive adoption and then increase valueā¦ my assumption is this will happen this year?
Q - If there are 54mil shares issued, how many would be issued in a series B? And is Ā£5 realistic.
Q - what do you think the share price will be at IPO
3 Likes
Most people arenāt really paying full price for shares as they get eis relief. So 8p is really 5.6p so probably close to 100 bagger for round 1 investors. They will be 1,000 baggers in a few years and the 1k will be worth 1million.
Its too early to think about an exit. Letās conquer europe, have all the financial products in place. With europe customers we should be able to raise capital if needed in a private raise very easily.
I hope we launch on Nasdaq as the company will be valued far more than in UK. I predict 2024.
I think Adam, Viktor and Ian are doing a great job and theyāll want their pay day too. Nothing is guaranteed in life including life itself. Meanwhile letās enjoy watching ft grow without all the roller coaster 
swings of a listed company
15 Likes
Agreed on growth. Also nice to have some investment locked up rather than free to have to decide what to do with it.
However always fun to speculate and predict.
Any idea of their percentage holdings, not sure itās a requirement for it to be on companies house.
Iām only interested as I hope it is high to keep them fully engaged 
1 Like
First round had Seis relief so effectively in at 4p 
9 Likes
Fortunately if you claimed SEIS (or EIS in round 2 or later) you donāt have to pay it
2 Likes
Just for interest I looked back at the first round. There are 20 non founder A shareholders who invested between 3 and 40 k. I am guessing 3k was the minimum to get A shares as there are a few which look to have done that. Approx half have quite Italian sounding names so may (or may not) fall into a friends of Davide (early founder) group and have many of the larger investments. A small corner of Italy must be quite happy currently 
One A shareholder is a certain Viktor Nabehaj so this was his introduction
There are then 127 B share holders. This includes one Adam Dodds. Clearly a believer
6 Likes
Wheres the information?
Old confirmation statements on CH.
3 Likes
Oh sorry I thought it was crowdfunding info.
Cheers 
1 Like
Also worth remembering that at the time Freetrade was an idea with a pitch deck and a team. Nothing else. Something of a leap of faith.
Worked well so farā¦
2 Likes
Thatās a really good point - I went in pretty heavily in r5 when it was established. All credit to those who went in early - even if I had known about it then Iām not sure I would have had the confidence to invest at the beginning.
1 Like
? If you claim EIS youāre absolved of paying CGT when you sell whatever the upside?
2 Likes
Yes. So long as the sale of the shares is 3 years or more after they were issued. You can also claim loss relief if the company fails.
If you never claimed the EIS relief against your income tax you are liable to pay CGT in the future though.
Wow so EIS IS extremely important
2 Likes
It will also be lost if you become an employee of freetrade. 
1 Like
Anyone planning on applying for any of the advertised jobs