1830 via Rails

Started by rstites25, October 04, 2016, 08:29:45 PM

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l'amour

I bid $220. I definitely know what I'm doing here.

Woodall

Well, I read the B&O private is the worst thing ever, so $225.

rstites25


l'amour


Woodall


rstites25


l'amour

Min then, is it? Good. That's great. I think that's good.

One more bloody company left and then we can do the rest of the game.
Woodall is up to do something.

Woodall

Suppose I might as well buy it. No access to the module right now.

rstites25

Since you get the President's share of the B&O (major) with the purchase of the B&O (private), you need to set the Par price as well.

$100 is typical (sometimes $90), from what I understand. But if you want to start the B&O in the follow on stock round, you'll need to make sure you set the par price so that you have enough cash to purchase four more shares--but that may not be possible. We start with $480 IIRC and you just spent $220 on the private, leaving you with $260 left. With that much cash remaining, the max par price you could set it for and guarantee it floats is $65, but the lowest par value is $67.

You probably wouldn't want to set Par for it that low anyway, because you would've essentially paid $220 for 2 shares worth a total $134 (plus the 1-time $30 payment you'd receive for the B&O private operating once). As it is, since the B&O private lasts until the B&O major has a train, you can set the Par high and collect $30 per operating round for the private (which will be much, much better than any share of stock will be producing initially) and then start the B&O a little later.


Woodall

Let's set it at $100. This ain't no discount railroad. Classy shares for classy people.  :coolsmiley:

Woodall

I clicked a button. Well, two. Start of Stock Round 1!

Woodall

Also, Brant is supposed to be fixing the .rails issue for us. Should make this a bit less work.

rstites25

I bought the president's share of the PRR and parred it for $67. Chris is up.

bayonetbrant

Try the .rails extension now and see what you get
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rstites25

I used it in the post above you. It works.  :)

Thank you, sir.