bit-tech.net

Go Back   bit-tech.net Forums > bit-tech.net > Article Discussion

Reply
 
Thread Tools
Old 10th Jul 2013, 09:59   #1
Gareth Halfacree
WIIGII!
bit-tech Staff
 
Gareth Halfacree's Avatar
 
Join Date: Dec 2007
Location: Bradford, UK
Posts: 4,093
Gareth Halfacree is a Super Spamming SaiyanGareth Halfacree is a Super Spamming SaiyanGareth Halfacree is a Super Spamming SaiyanGareth Halfacree is a Super Spamming SaiyanGareth Halfacree is a Super Spamming SaiyanGareth Halfacree is a Super Spamming SaiyanGareth Halfacree is a Super Spamming SaiyanGareth Halfacree is a Super Spamming SaiyanGareth Halfacree is a Super Spamming SaiyanGareth Halfacree is a Super Spamming SaiyanGareth Halfacree is a Super Spamming Saiyan
David Braben's Frontier goes public for 4M in cash

AIM listing values the company at 39.4M.
http://www.bit-tech.net/news/gaming/...frontier-ipo/1
__________________
Author, Raspberry Pi User Guide Third Edition, 21 Brilliant Projects for the Raspberry Pi and more | gareth.halfacree.co.uk | twitter
bit-tech news correspondent, Custom PC columnist, other things to other people
I'm a filthy freelancer! Hire me!
Gareth Halfacree is online now   Reply With Quote
Old 10th Jul 2013, 10:05   #2
Nexxo
Whatever's Geek.
 
Nexxo's Avatar
 
Join Date: Oct 2001
Location: Birmingham, UK
Posts: 26,154
Nexxo is a Super Spamming SaiyanNexxo is a Super Spamming SaiyanNexxo is a Super Spamming SaiyanNexxo is a Super Spamming SaiyanNexxo is a Super Spamming SaiyanNexxo is a Super Spamming SaiyanNexxo is a Super Spamming SaiyanNexxo is a Super Spamming SaiyanNexxo is a Super Spamming SaiyanNexxo is a Super Spamming SaiyanNexxo is a Super Spamming Saiyan
__________________
In memory of Kidmod-Southpaw (1997 - 2014)
a fellow geek, modder, dreamer of dreams
https://www.justgiving.com/kidmod
Nexxo is offline   Reply With Quote
Old 10th Jul 2013, 10:46   #3
Gareth Halfacree
WIIGII!
bit-tech Staff
 
Gareth Halfacree's Avatar
 
Join Date: Dec 2007
Location: Bradford, UK
Posts: 4,093
Gareth Halfacree is a Super Spamming SaiyanGareth Halfacree is a Super Spamming SaiyanGareth Halfacree is a Super Spamming SaiyanGareth Halfacree is a Super Spamming SaiyanGareth Halfacree is a Super Spamming SaiyanGareth Halfacree is a Super Spamming SaiyanGareth Halfacree is a Super Spamming SaiyanGareth Halfacree is a Super Spamming SaiyanGareth Halfacree is a Super Spamming SaiyanGareth Halfacree is a Super Spamming SaiyanGareth Halfacree is a Super Spamming Saiyan
Something I worked out after writing the article: Braben currently owns 69% of the company. Assuming the 10.15% (4 million of a 39.4 million market cap) in public shares is coming out of everyone's allowance equally - which it may not, it's entirely up to the company who gets their shares converted - that will reduce to 62%. If Frontier Developments (Symbol: FDEV) reaches its 39.4 million target market cap, that'll mean Braben's personal share of the company is worth 24.43 million.

Nice.
__________________
Author, Raspberry Pi User Guide Third Edition, 21 Brilliant Projects for the Raspberry Pi and more | gareth.halfacree.co.uk | twitter
bit-tech news correspondent, Custom PC columnist, other things to other people
I'm a filthy freelancer! Hire me!
Gareth Halfacree is online now   Reply With Quote
Old 10th Jul 2013, 11:09   #4
maverik-sg1
Supermodder
 
Join Date: Aug 2010
Posts: 278
maverik-sg1 is a hoopy frood who really knows where their towel is.maverik-sg1 is a hoopy frood who really knows where their towel is.maverik-sg1 is a hoopy frood who really knows where their towel is.maverik-sg1 is a hoopy frood who really knows where their towel is.maverik-sg1 is a hoopy frood who really knows where their towel is.maverik-sg1 is a hoopy frood who really knows where their towel is.maverik-sg1 is a hoopy frood who really knows where their towel is.maverik-sg1 is a hoopy frood who really knows where their towel is.maverik-sg1 is a hoopy frood who really knows where their towel is.maverik-sg1 is a hoopy frood who really knows where their towel is.maverik-sg1 is a hoopy frood who really knows where their towel is.
I've engaged in the kickstarter for the new Elite game, however, for a company the employs 226 people, they've remained relatively low key yet appear to of accumulated a ton of money.

I'd say that this is a good move from someone wanting to get out of the business of running businesses and maybe this Elite release will see Mr Braben achieve all he wanted, exorcising the ghosts of the past before retiring a happy man?

I wish him well, he is already a legend and I sincerely hope the game is as good as (or better than) I hope.
maverik-sg1 is offline   Reply With Quote
Old 11th Jul 2013, 11:14   #5
ChromeX
I *am* a Dremel
 
ChromeX's Avatar
 
Join Date: Aug 2004
Posts: 1,604
ChromeX has yet to learn the way of the DremelChromeX has yet to learn the way of the DremelChromeX has yet to learn the way of the DremelChromeX has yet to learn the way of the DremelChromeX has yet to learn the way of the DremelChromeX has yet to learn the way of the Dremel
I'd say it's about time he got his arse in gear and released something. He's had people backing him for ages without so much as even a hint of an alpha; he completely screwed up making the outsider, which nobody even wanted when he really should be been working on the new elite. Myself and a lot of fans of the elite games, who I know personally, are starting to get tired of Braben...

Last edited by ChromeX; 11th Jul 2013 at 11:19.
ChromeX is offline   Reply With Quote
Old 11th Jul 2013, 13:37   #6
Jimbob
Modder
 
Join Date: Jul 2009
Posts: 67
Jimbob has yet to learn the way of the Dremel
So he is worth millions but still relies on kickstarter? Hmm not confident of the new elite then braben?
Jimbob is offline   Reply With Quote
Old 11th Jul 2013, 14:05   #7
Yaka
Hypermodder
 
Join Date: Jun 2005
Location: a very dark place
Posts: 670
Yaka is the Cheesecake. Relix smiles down upon them.Yaka is the Cheesecake. Relix smiles down upon them.Yaka is the Cheesecake. Relix smiles down upon them.Yaka is the Cheesecake. Relix smiles down upon them.Yaka is the Cheesecake. Relix smiles down upon them.Yaka is the Cheesecake. Relix smiles down upon them.Yaka is the Cheesecake. Relix smiles down upon them.Yaka is the Cheesecake. Relix smiles down upon them.Yaka is the Cheesecake. Relix smiles down upon them.Yaka is the Cheesecake. Relix smiles down upon them.Yaka is the Cheesecake. Relix smiles down upon them.
Wish to hell peeps stop throwing thier cash where it don't need to go
It's happening so often on kickstarter now they should stop it
Yaka is offline   Reply With Quote
Reply

Tags
aim, david braben, elite, elite 4, elite: dangerous, ffe, financial, frontier: elite ii, gametek, ian bell, kickstarter, london stock exchange, lse, stock, stock market

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT +1. The time now is 12:02.
Powered by: vBulletin Version 3
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.