HOly shit i missed this action.
how many rounds have their been so far, just the one?
when is the next round?
is their some kind of schedule?
can lightbox PLEASE issue an 'IPO' on havelock, the little guys want in on this!!!
We did buy some units from this offering. We bought 120,000 of the 1,000,000 (12%). It was posted ahead of time in the "updates" section of the fund on our site, so people knew in advance how it was going to work. We needed about 30,000 more to satisfy all the bids in our order book at the time, so I apologize I didn't snap up enough... I think people placed their bids on Havelock at the last minute so my guestimate was a little low.
They were NOT released as a "public offering" - they were done in the exact same way as MPEX - on the open market with a LIMIT price, where higher bids get filled first, down to the limit price.
We'll do the same thing tonight, using an amount guestimated from the open bids in our orderbook.
Cheers,
James
- I converted my remaining asks that had missed the boat to a new one at .62 and was both surprised and delighted it got taken within 10 mins. 
