Freetrade share price 📈

Crowdfunding Freetrade 🙏
464

Look on the bright side, if Freetrade hit that £4 billion then you get to walk away with £200,000+

Not bad :+1:

1 Like
465

No complaints for GBP 4045 invested less tax benefits and no capital gains on the sale… :slight_smile:
If 200 k then 49x invested cash.
Depending on price now I might invest more.

2 Likes
466

Are you sure about that?

I think post money after series B was 366M

so if no further dilution it would by (4000 / 366) * 3894 *£3.77 =£160000

Edit: think I might have Post money wrong, anyone know the correct figure?

467

£265M

4 Likes
468

I got 160 shares :pinched_fingers::smiling_face_with_tear: do I make the cut for the party?

7 Likes
469

OK, so it would be £200K+

(4000 / 265) * 3894 *£3.77 =£221590

So with just over 10,000 shares I need an ~8Bn valuation to surpass my £1M target assuming no dilution :laughing:

7 Likes
470

@Dave You should aim higher. Where’s your sense of ambition? Do you always settle for such low returns?

20 Likes
472

Came on! You lads with 5000 shares can celebrate financial freedom and freetrade success. But we should be at the party together so you can offer us common working people with few hundreds shares some free drink.

18 Likes
473

I heard that the calculation to determine if you get an invite to said party is as follows: total number of shares held minus total number of lifetime FT Forum aliases = 5000 or more. I think you could be out of luck in this case :rofl::rofl:

14 Likes
476

I’m pretty sure it was said that in September there would be another crowdfunding series.
Is this still the plan and do we have an actual date and a share price?

477

Yes crowdfunding this month unless they delaying it, and price unknown until the raise.

478

I suspect it will happen when they have their European licence and have surpassed 1M U.K. users. So may be more like November.

2 Likes
479

Yeah it will be timed with the European launch because it’s a good marketing tactic

1 Like
480

I’m mainly looking forward to the investment deck to see deeper deets on business performance and the roadmap ahead. Not interested in the share price at all really……
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
Yeah right :rofl::rofl: £10 for me

10 Likes
481

With so many competitors and other companies getting big markups on their previous rounds - often within a matter of months - I am wondering what the likelihood of of a joint VC and crowdfunding round. I think strategically it may be the best option for Freetrade. The VCs can price the round and the crowd can tag along.

With this you would reduce the scenarios where the crowd feel it is overpriced or any feeling of an underpriced crowdfunding round influencing the next institutional round.

If Freetrade goes down this road I would imagine a £1.5bn valuation based on the comparables.

7 Likes
482

That seems wild, obviously I’d be happy for my current shares but I can’t see myself buying any more at that valuation.

By my model that would imply maybe £40-50bn AUA at maturity, which is certainly possible but not something I’d be want to be paying for at this stage unless we get a much clearer idea of current AUA.

5 Likes
483

It must be getting close to a new round… What do you think the share price will be? :slight_smile:
I assume 63.3m shares pre money.
Edit: I’ll close the poll tomorrow at 6 pm or about.
Edit 2: Poll closed, see updated poll below.

  • Share price of 6-8 - valuation between 380m and 506m
  • Share price of 8.01-10 - Valuation between 506m and 633m
  • Share price of 10.01-11 - Valuation between 633m and 696m
  • Share price of 11.01-12 - Valuation between 696m and 759m
  • Share price of 12.01+ - Valuation north of 759m

0 voters

1 Like
484

Lol you may need to redo this mate. Val brackets are a touch off. Not a chance the share price will be below £12…

7 Likes
485

I was thinking that people are optimistic but when it’s so skewed upwards… ! I’ll add another poll and close this one. a few mins.

1 Like
486

Updated poll - to be open for 24 ish hours. I’m unwilling to go higher in the poll! Last price was 3.77!
I assume 63.3m shares pre money.

  • Share price of 6-8 - valuation between 380m and 506m
  • Share price of 8.01-10 - Valuation between 506m and 633m
  • Share price of 10.01-11 - Valuation between 633m and 696m
  • Share price of 11.01-12 - Valuation between 696m and 759m
  • Share price of 12.01-13 - Valuation between of 759m and 822m
  • Share price of 13.01-14 - Valuation between of 822m and 882m
  • Share price of 14.01-15 - Valuation between of 881m and 949m
  • Share price of 15.01-16 - Valuation between of 949m and 1012m
  • Share price of 16.01-17 - Valuation between of 1012m and 1076m
  • Share price of 17.01-18 - Valuation between of 1076m and 1139m
  • Share price of 18.01-19 - Valuation between of 1139m and 1202m
  • Share price of 19.01-20 - Valuation between of 1202m and 1266m
  • Share price of 20.01-21 - Valuation between of 1266m and 1329m
  • Share price north of 21 - Valuation north of 1329m

0 voters

3 Likes