Monday, October 10, 2011

The week that was 10/3 – 10/9 - GMC

The week that was 10/3 – 10/9 - GMC
GMC Holdings:
Cash – L$ 307,770.53
ADS – 436 @ 6.01146 – L$ 2,621.00 (VAP)
ABS – 185,000 @ 0.505612 – L$ 93,538.22 (VAP)
BDVR – 258,279 @ 0.149629  – L$ 38,646.09 (VAP)
CAPX – 16,707 @ 8.583597– L$ 143,406.15 (VAP)
GVC – 37,500 @ 4.00 – L$ 150,000.00 (VAP)
SEC – 232,212 @ 1.165639 – L$ 270,675.33 (VAP)
SSF – 12,557 @ 0.234827 – L$ 2,948.72 (VAP)

Dividends Received – L$ 12.98
Total – L$ 1,009,606.04

Last Week Capitalization – L$ 979,285.02
Increase/Decrease = L$ 30.321.02
% Increase/Decrease = 3.10%

Starting Capitalization – L$ 960,100.00
Increase/Decrease = L$ 49,506.04
% Increase/Decrease = 5.16%

Volumized Average Price (VAP)
http://digsecondlife.blogspot.com/2011/09/volumized-average-price.html

Finally GMC has broken above the L$ 1,000,000 mark. The new buy back price will be set L$ 0.25. I would like to point out that GMC has been in operation for just one month as of two days ago. And so far our growth rate is 5.16% a month. Over a one year period that would equal out to 61.92%. This number is exciting however seems rather high. I believe the next full month will give all of us a good idea just what to expect over the long term.
Sincerely

-Legolas Delgado
GMC Fund Manager
digsecondlife.blogspot.com

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