bababill
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Post by bababill on Jul 31, 2024 0:40:46 GMT
It appears with the lean period of new loans always on is the only way way to go. :-( August is traditionally an even quieter month.
Does anyone know how many new loans there has been compared to last year Jan - July?
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bababill
Member of DD Central
Posts: 527
Likes: 245
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Post by bababill on May 7, 2024 13:17:26 GMT
Redeemed
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bababill
Member of DD Central
Posts: 527
Likes: 245
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Post by bababill on Jan 24, 2024 22:27:49 GMT
Unfortunately no allocation for me on self select.
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bababill
Member of DD Central
Posts: 527
Likes: 245
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Post by bababill on Dec 21, 2023 0:13:15 GMT
I was buying loans with a low maturity duration in the hope of receiving the exit fee. Not worth it anymore especially as the loans pay a low rate. Silly of me to have forgotten the rules.
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bababill
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Post by bababill on Dec 20, 2023 0:42:13 GMT
I think I have been making a mistake.
Exit Fee = 1%.
But now I vaguely recall we receive half of the amount ie 0.5% I had erroneously thought we would receive 0.9%
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bababill
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Likes: 245
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Post by bababill on Dec 6, 2023 22:30:43 GMT
Did anyone receive an allocation?
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bababill
Member of DD Central
Posts: 527
Likes: 245
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Post by bababill on Nov 29, 2023 23:31:38 GMT
Anyone know if Kidderminster Mixed Use will be rolled over?
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bababill
Member of DD Central
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Post by bababill on Nov 4, 2023 23:35:24 GMT
Did anyone receive the full 3K allocation?
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bababill
Member of DD Central
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Likes: 245
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Post by bababill on Sept 30, 2023 1:17:53 GMT
From yesterday's email, "Belvedere Mixed Use is expected to go into funding next week."
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bababill
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Post by bababill on Sept 26, 2023 22:22:37 GMT
Did any one receive an allocation under always on auto-lend ? I am not sure if I pressed the save button correctly.
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bababill
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Post by bababill on Sept 23, 2023 1:45:58 GMT
The rollover takes place today, deadline next Mon 10am. Only Tranche A can rollover, the remaining tranches have to self select, subject to availability post A rollover and auto selection. I'm assuming that there will be nothing available for self select. At least £400,000 of A will be available for auto selection and rollover. Will auto selection take up all 400k?
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bababill
Member of DD Central
Posts: 527
Likes: 245
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Post by bababill on Jul 26, 2023 0:39:40 GMT
Any indications when a new loan might go live?
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bababill
Member of DD Central
Posts: 527
Likes: 245
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Post by bababill on Jul 24, 2023 11:13:44 GMT
No that is not the post. It was much earlier.
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bababill
Member of DD Central
Posts: 527
Likes: 245
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Post by bababill on Jul 24, 2023 1:34:01 GMT
It is sort of akin to a WiseAlpha bond. On WiseAlpha one can not set a price to sell a bond, rather they have to use the "world price of a bond" and hope there is a buyer in the limited market. On Somo, though discounts are allowed they dictate who and when what can be sold. Somo has mentioned many times that they actively limit and close the market. Perhaps, the posts have already been deleted by Somo. I also have personal experience with this. Agreed 99% of the time the market is liquid but it is the 1 percent of the time when you want to sell and unable to at any discount is when the problem arises. Perhaps the counter argument is this is no different than circuit breakers which halts trading on stock market exchanges.
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bababill
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Posts: 527
Likes: 245
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Post by bababill on Apr 14, 2023 3:27:43 GMT
If it acts like a duck......
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