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| Feb 19th 2008, 22:45 Maisha Slade |
Question about commission at end of JTIC | |
| so JTIC was made to be a 6% monthly return investment, etc. etc. and some things have happened since it was initiated. I wanted to bring a question about. The fees for making a transaction, commission, I believe it's 2.5%? When you buy back the shares at 1.00L$ when this is over, will this be taken into account? Just in case this hasn't been thought of yet, I wanted to bring it up, because that's half a month's returns out the window if we're charged commission when returning the shares. |
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| Mar 26th 2008, 04:36 Dave Beaumont |
Re: Question about commission at end of JTIC | |
| I have to admit, with this one - I always assumed there WOULD be a slight commission loss but it should have been more than made up for by the monthly dividend. If you've made 6% monthly, assuming you've not topped up the shares or sold any, then 5 sets of 6% is 30%... So when it's actually 27.5% profit - I'm still happy! | ||
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| Mar 28th 2008, 02:26 Bims Writer |
Re: Question about commission at end of JTIC
Edited by author Mar 28th 2008, 03:34 |
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| Can someone clearify if JTIC is still ending its days on the 30th of april, or is it still around after that date. Will the dividend continue. if not, how many dividends are left. |
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| Apr 3rd 2008, 08:49 Arbitrage Wise |
Re: Question about commission at end of JTIC | |
| It is still ending at the end of April - we are hoping to generate enough profits to post a dividend. | ||
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| Apr 3rd 2008, 16:13 Racing Lockjaw |
Re: Question about commission at end of JTIC | |
| In the future does JTIC have plans for another "JTIC" or similar investment company, or was this a one time thing? | ||
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| Apr 15th 2008, 01:48 Dave Beaumont |
Re: Question about commission at end of JTIC | |
| I'd certainly invest in another JTIC offering towards the end of the year if the same "profitable period" will be happening again - count me in :D | ||
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| May 1st 2008, 02:22 Dave Beaumont |
Re: Question about commission at end of JTIC | |
| Sooooooo... Welcome to May... Admittedly only by a couple of hours in SLT, but it's now May Any communication on when we should expect the final divi (if there is to be one) or when buyback will commence? |
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