Newbie Qn re start times and bid amounts on live auction.

When the new site launched. All loans from PBL64 onwards plus any SS tell us have moved. Otherwise you cant. See my list of loan updates for the ones we are aware of

Or its the final stage and the loan can launch immediately after so it doesnt get seen unless there is a further issue

Irrevocably gone in a millesecond!!

You can however sell whatever portion of your £180 you want; you don't need to sell it all.

Also asking you how much you want to sell .. unlike other sites you can sell anything from £0.01 through the whole lot ... after that you get asked to verify.

I'm surprised to see that there have been a number of £180 sales of PBL074 PBL075.  Presumably that means some people were allocated a share of that loan and decided that they didn't want it after all.  Why not?  They've only now looked at the details, and didn't like what they saw?  They can't be bothered with what may be for them a relatively small holding?  Or...?

I assume you really mean PBL075.

Yes, for some folks (many?) £180 is 'shrapnel', and (even worse) no matter how many bits you buy they all show up as individual bits of shrapnel still, there is no mechanism to glue them together (except by putting them on the SM and buying them back .. which right now would be impossible).

Personally I still prefer the AC approach - you tell their buy-bot how much you want (the bad news is you have to fund with real money) and then it buys shrapnel whenever there is something for sale, and shows you the running total, rather than the hundreds of fragments. You can swan off to %wherever% and let it get on with it.

Yes, I did mean PBL075.  Thanks to GSV3MIaC for pointing that out.  I've amended my original post as noted above.

If one of SS's bigger investors considers £180 to be shrapnel, and doesn't want to hold parts that small, that's for them to decide and I have no problem with that.  But I'd think it would be better for them -- and a tiny bit better for us -- if they didn't put in pre-funding requests for loans of less than £500k, since it's so unlikely that those would produce larger allocations for the foreseeable future.  If they only want allocations of more than £500, then they might as well not bother with any of the sub-£1M pipeline loans.

I have to agree that the AC approach to consolidating parts is much better.  It's really nice not to have to think about the shrapnel.  OK, some purchases might be tiny parts, but once they're bought you have a single holding to deal with.

And I do appreciate the ability at AC to put in a buying request and know that if parts are put up for sale I'll get my fair share of them without having to play 'spot the street sign' and 'fastest finger' games.  I lose those 99+% of the time, and that is most frustrating.  In my experience, the AC system may be slow to purchase significant amounts but it does continue to buy in the background until I've acquired what I want to hold.  I can be confident that any slowness in acquisitions is caused by lenders not selling parts rather than because I've been beaten to them by bots or people with better ISPs than I have or those who have more time than I to spend waiting to pounce when a part is offered for sale.

When the weather improves and I start spending more of my time outdoors enjoying it, picking up SM parts will be out of the question for me.  If SS can increase their deal flow to the point where pre-funding can fill my re-investment needs, then losing out on the SM won't be such an issue.  Until then, however, it is.