Guess the share price of Freetrade

Freetrade Chat 🔥
14

Cash is what it’s all about

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15

More likely the opposite.

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16

£6.10

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17

£5 .

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18

My guess is a valuation of £250m.

I’ve been lazy and not looked up the dilution from convertibles but I guess that is probably about £3.2 share price.

19

I’m going to say £7, because I think they will price it higher than people are expecting and there will be loads of moaning about it :rofl:

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20

We’ve added more tickets to our event next week - where we’ll be announcing the share price

21

Am going to go with £2.25

22

Considering they’re going to announce their valuation during in person during their Lodonn Tech week meet-up I’m willing to bet their valuation is decent

If their valuation was bad then they would announce it online and not in person

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23

Or they are announcing a low share price and pitching it as a great potential opportunity.

No one is going to want to invest if they pitch a really high share price.

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24

Good point, that’s plausible.

Just curious, why won’t people want to invest at a high valuation? Isn’t it a high valuation a good sign?

25

I think people will still pile in if the valuation is high, I don’t think a lot of Crowdcube investors really think about the valuation of the thing they are throwing money at :laughing:

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26

A high valuation is a good sign if there’s some justification for it. A lot of crowdfunded companies there isn’t really that justification.

Although Freetrade have survived a serious downturn so far and losses are shrinking so they are going in the right direction. We’ll have to see what comes out of the meetup

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27

Remember no EIS and Crowdcube have increased their upfront fee to 2.49% from 1.65% capped at £250. They will also take a 5% success fee which is outrageous!

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28

There would be scenes similar to the Apple Vision Pro price announcement Apple fans groan at the price of Vision Pro at WWDC #Shorts - YouTube

29

Thanks for sharing this. I had no idea they charged so much now.

The public take all the risks and Crowdcube rake in the profits regardless of the outcome. Shocking!

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30

To be honest I doubt they make that 5% success fee very often, I guess it needs to be a bit higher if they are only going to charge it for winners.

having both an upfront and a success fee seems a bit much though

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31

I don’t know how anyone who knows anything whatsoever about apple can be surprised when something turns out to be ridiculously expensive

32

I think £3 a share

33

Here’s my guess around £3.50 each, We will soon find out.