agent69
Member of DD Central
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Post by agent69 on May 2, 2020 12:15:49 GMT
How about if the second repayment pass was pro rata to the amount you have in the pool (accepting that it is meaningless unless serious money arrives from somewhere).
For example assume 25% of money in the access accounts is looking for the door (£50m in round numbers) and there are 5000 investors in the pool. So if £1m was available for repayments:
- in the first pass everyone gets £500k / 5000 = £100 each
- in the second pass an investor with £1k invested has 0.002% of the pool so gets £500k * 0.00002 = £10
- in the second pass an investor with £100k invested has 0.2% of the pool so gets £500k * 0.002 = £1000
So overall the small investor gets £110 back and the larger investor £1100 How does that (still paying out £1m) help AC? You'll have a few happier large investors (me being one of them), but lots of unhappier smaller investors. I'm not trying to help AC, just come up with a fairer distribution model.
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benaj
Member of DD Central
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Post by benaj on May 2, 2020 15:22:26 GMT
Can AC be helped by it's members? Yes, the membership fees, right?
Can AC be helped by shareholders? May be.
Can AC be helped by borrowers? New projects and repayments
Has AC done enough to reassure members confidence? Compared to other platforms, may be more actions are required.
Has AC done enough to attract new ISA money? we will see.
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Post by gravitykillz on May 7, 2020 20:01:26 GMT
Maybe someone can tell warren buffet to buy assetz? Berkshire has more than enough cash. Or maybe a takeover by apple or Google?
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