sl75
Posts: 2,092 
Likes: 1,245
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Post by sl75 on Jan 24, 2016 21:06:10 GMT
I've looked in detail at your account and you have a single loan unit that as a decimal fraction is 0.0000000000000000000000000000000000000006 of the total loan. That calculates out to 0p at 20 decimal places. If I simply flag that loan unit as no longer existing then the loan itself won't add up to 100% when looking at the decimal fractions so I'm going to have to come up with some system to sweep those fragments that cannot give a lender a meaningful return up so lenders like yourself who have tried to exit don't have any fragments left over. I'll also adjust the aftermarket code so that if there would be a fragment like this left over then it's "gifted" to the buyer. Perhaps a better long-term solution would be to do the equivalent of a reverse split - rather than dividing the loan into something of the order of 10^40 shares, it would seem that 10^18 shares would be sufficient. During this process, odd lots could be consolidated, and the resulting fraction of a penny of the loan sold on the market (or maybe the QAA would be required to purchase them). The particular significance of 10^18 shares is that with AC having a minimum representable currency unit of 10^-20 of a pound, each penny of a borrower's repayment would result in one AC minimum currency unit being received by each investor with a minimum representable holding (i.e. a single share); any smaller number of shares would be suitable for the same purposes too.
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Post by lynnanthony on Jan 27, 2016 10:40:02 GMT
I've got 2 or 3 doing the same. £0.00 capital and £0.00 interest too! Did you only ask to sell the amount displayed (to 2 dp)? Recently I decided to sell a loan displayed as (say) £599.99 but there were some dp after the .99. I asked to sell £600 and it all went. Just a thought. That doesn't seem to work for me. I had £389.33 of loan 208. I put up £400 for sale. I'm now stuck with £0.00000000000000000046 unsold. (Meanwhile I'm still offering £10.66 for sale). What really puzzles me is when I buy exactly £1000.00, later sell exactly £1000.00, but still get stuck with tiny shrapnel.
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Post by Butch Cassidy on Jan 27, 2016 10:44:32 GMT
Did you only ask to sell the amount displayed (to 2 dp)? Recently I decided to sell a loan displayed as (say) £599.99 but there were some dp after the .99. I asked to sell £600 and it all went. Just a thought. That doesn't seem to work for me. I had £389.33 of loan 208. I put up £400 for sale. I'm now stuck with £0.00000000000000000046 unsold. (Meanwhile I'm still offering £10.66 for sale). What really puzzles me is when I buy exactly £1000.00, later sell exactly £1000.00, but still get stuck with tiny shrapnel. If you now cancel & reset the sell order it does eventually clear the annoying <0.01 balance, not wasting my breath here explaining why "normal investors" really only need display accuracy of 2dp as it just annoys chris 
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