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Friday, August 11, 2017 - 09:28 am  The market value needed for corporations to go public is reduced from 500B to 400B
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| Friday, August 11, 2017 - 03:05 pm Oh wow, perhaps I missed it but is there any reason in particular for this?
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| Friday, August 11, 2017 - 04:33 pm In the past months, we have seen a general decline in the market value of corporations and we think it will continue. This is a long term trend to reduce numbers in Simcountry in general and lifting the value of the simcountry currency a bit. The 500B is standing there for a long time and it is quite hard to take a corporation public. so there. It is now a little easier. Not really a major change. The PE ratio requirement of <40 is not changed.
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| Friday, August 11, 2017 - 07:16 pm better stuff here. I orginally though it was less then 400B. 350B i thought awhile back. Oh well its better stuff like this in direction of better and easier for players to develop.
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| Saturday, August 12, 2017 - 08:57 am Andy, on Thursday in this thread you said this would be decreased "within an hour or two". I still can't see that it has been implemented. Can you let us know when we will see the effect of this change?
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| Saturday, August 12, 2017 - 10:07 am it happened already. not within the hour, I had a meeting, but a bit later. check a state corporation, it shows in a little window if the corporation can go public. It used to say value <400B now it is <300B. let me know please, if you have a difficulty finding it.
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| Saturday, August 12, 2017 - 11:15 am 1. Does this change only apply to state corporations, or also to enterprise-owned private corporations? 2. Do you mean >500B and now >400B? 3. Will this change also be applied to the Corporations > Manage > Public Offerings page? 4. Alexandria Oil (Commonwealth of Kahveh on White Giant) is worth 419B SC$ with P/E of 30.3 and the message on its page is still that it needs to be worth >500B. I've checked a few more that should be able to go public under the new rules and they can't. Many thanks for your quick responses so far.
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| Saturday, August 12, 2017 - 01:52 pm Thanks for alerting me. My bad. It was done on three worlds. It is now done on all worlds and I checked your corporation, it can go public now. Market value needs to be >400B The same applies for enterprise owned corporations.
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| Saturday, August 12, 2017 - 03:12 pm All good now, thanks.
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