Bug:Wrong Market Value

General discussions about the release versions of Capitalism Lab
Post Reply
veyronli
Posts: 10
Joined: Sat Aug 25, 2018 12:40 pm

Bug:Wrong Market Value

Post by veyronli »

Version 6.5.15, with all DLCs.
When my company sell most shares of a listed company to myself, the market value changed rapidly and unreasonably.
just like this, with the save files:
8.png
8.png (2.01 MiB) Viewed 2248 times
V____562.zip
(4.57 MiB) Downloaded 68 times
9.png
9.png (2.26 MiB) Viewed 2248 times
V____563.zip
(4.66 MiB) Downloaded 61 times
7.png
7.png (2.01 MiB) Viewed 2248 times
V____564.zip
(4.64 MiB) Downloaded 71 times
User avatar
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: Bug:Wrong Market Value

Post by David »

veyronli wrote: Sat Aug 01, 2020 8:05 am Version 6.5.15, with all DLCs.
When my company sell most shares of a listed company to myself, the market value changed rapidly and unreasonably.
How exactly did you sell the most shares of the listed company to yourself? Could you please explain in more detail?

In all the 3 screenshots you posted, your company is holding the same 99.9% shares of that company. It doesn't appear that you have bought additional shares from the other shareholder.

It will be helpful if you could explain the exact steps --- what buttons you clicked or what actions you took.
User avatar
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: Bug:Wrong Market Value

Post by David »

After a more in-depth investigation, I've found the true cause of the drastically shrunk market cap.

The special dividend you ordered your subsidiary company to pay out has reduced the shareholders' equity of your company so massively that its equity per share plunged to less than $0.01 per share from its original $215. The stock price thus fell in tandem with the equity value, triggering a forced reverse stock split of 1000-to-1, which brought the stock price back to a level similar to what it was before the payout of special dividend. But the total number of outstanding shares is now 1000 times fewer than before, all thanks to the special dividend that you decided to pay out in the first place.
Attachments
stock-1.jpg
stock-1.jpg (289.62 KiB) Viewed 2163 times
stock-2.jpg
stock-2.jpg (271.98 KiB) Viewed 2163 times
stock-3.jpg
stock-3.jpg (281.04 KiB) Viewed 2163 times
Post Reply