Merger bug
Merger bug
After merger, my company's stock price drop to $0.1 per share, and immediately auto-reverse-split. Either merger with paying cash or issuing share has the same result. And a large portion of my share held by one of the stock-focused AI just vanished and revert back to public share.
- Attachments
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- After merger.rar
- (5.22 MiB) Downloaded 219 times
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- Before merger.rar
- (5.22 MiB) Downloaded 216 times
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- David
- Community and Marketing Manager at Enlight
- Posts: 10423
- Joined: Sat Jul 03, 2010 1:42 pm
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Re: Merger bug
This bug has been fixed in the latest patch v2.635 which you may download from http://www.capitalismlab.com/forum/view ... f=7&t=2534
Re: Merger bug
The price is not reset, but my shares held by one of the stocked focused AI 'Radial Fleur' still disappeared regardless merger methods. It has something to do with I own some of its shares, I tested it again, and if I sell 'Radial Fleur' 9.16% shares my company owned before the merger, 'Radial Fleur' will keep my shares, instead of being forced to sell. Since I don't own its share more than 50% just 9.16%, why would it be forced to sell my shares, this doesn't violet the subsidiaries can't buy parent corporation shares rule? Because of the trouble calculating exact value of stock assets during merger process? (I owned you, you owned me, infinite loop)
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Youtube channel : www.youtube.com/user/countingtls
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Youtube channel : www.youtube.com/user/countingtls
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- David
- Community and Marketing Manager at Enlight
- Posts: 10423
- Joined: Sat Jul 03, 2010 1:42 pm
- Has thanked: 78 times
- Been thanked: 224 times
Re: Merger bug
Nested stock holdings between companies in a merger are automatically sold to the market by the game system.
Re: Merger bug
Interesting, never notice this before. So it is something with nested stock holdings. I admit it's sometimes a challenging accounting task to perform, and many methods can be used. I see the point of making the calculation easy by selling at market price to reset their independent value. (However, this kind of automatic "restructure" could lead to some "interesting strategies" using stock market).David wrote:Nested stock holdings between companies in a merger are automatically sold to the market by the game system.
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Twitch channel : twitch.tv/ancientbuilder
Youtube channel : www.youtube.com/user/countingtls
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Twitch channel : twitch.tv/ancientbuilder
Youtube channel : www.youtube.com/user/countingtls
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