Freetrade share price 📈

I like the sound of this competition-

  • One guess each
  • One person per price
  • Price is right rules (closest without going over)
    image
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This sounds fun. I’m going with £11.92

£12.05

Hold up I’ll start a new thread. :ok_hand:t2:

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Wait until they announce a date for crowdfunding or it’s just people shouting random numbers?

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It’s live … and yes @hookedinvesting image

It makes it even more exciting

Mostly* random.

I created a spreadsheet that uses a predictive algorithm I like to call PerformanceVelocity™️ to determine future share prices (based on how frequently raises are, dilution, and increase in company valuation).

This is it for the next few months. I’m just pulling a figure from it:

*completely random and should be ignored

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A very reasonable prize would be a Tesla share and socks.
Or 100 freetrade shares
If they post this on Instagram loads of people would totally sign up to join the community forum.

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My guess is shinty six pounds.

You can do all the share price spreadsheets you like (one of the forum members keeps a really sophisticated one you can access on Google Sheets) but given the valuation has roughy tracked £1000 per user across all the share raises the simplest formula is just: current user numbers x £1000 = £valuation. For share price divide by outstanding shares which is around 70,000,000 I think :thinking:

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I wish there was only that many shares I would be sooo much richer on paper

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Ha ha. Good point, will edit

I suddenly feel soo much poorer

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It’s definitely gonna be £13 a share, because that’s how many RED FLAGS Billy from the freetrade social media team put on his twitter response about the valuation :cowboy_hat_face:

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That was like a month ago. Surely 14 or 15 flags by now
:man_shrugging:t4:

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Impressive :clap: :clap: :clap:

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That figure is pretty low tbh, Hargreaves Lansdown customers accounts as a comparison are about 100 x larger.

No hate on Freetrade, I am an investor, but account values are so low. Hopefully that improves significantly over time.

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That is not hate, just facts, and interesting TBF. :+1:

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