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Old 09-13-2020, 10:22 AM
Delray Vintage Delray Vintage is offline
Bob
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Join Date: Aug 2010
Posts: 145
Default Investment?

Nothing wrong with fractional ownership if the valuation is fair. Owning a fractional share of an overvalued company(card) is not a good idea. If the Mantle 10 is worth 2.5 mil at auction then a fractional share is a fair investment. If the value is $1.25 million at auction then you are paying double the current value to own a fraction. As a minority owner you will have no say in how or when the card is sold. Not sure what liquidity you have if you want to resell the share.

Last edited by Delray Vintage; 09-13-2020 at 10:23 AM. Reason: Spelling
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