@Old-Man said in Should dividends be a %:
@RU99 please try to explain why not, just one reason would be good, thx.
And @janner73 a % of the players price e.g. 300 Pogba, current price £7. If dividend was 0.1% then youd receive 0.1% x £7 x 300 = £2.10.
I feared that was what you meant. There are a number of potential problems I see with that:
- How do you determine the price? Their price on that day? If so what time on that day as we can see huge price fluctuations on a goal.
- Why should I get less as a monetary amount if I've researched that 40p gem and he finally wins a treble MB day than someone holding Neymar gets when he wins?
I think percentage CAN work if they are based on the size of the market, so as an example.
FOOTIE is between 100,000 and 150,000
PB is 6p,4p,2p (treble day, double day, single day)
FOOTIE is between 150,001 and 200,000
PB is 9p, 6p, 3p (treble day, double day, single day)
This would allow for dividends to rise and fall with the market without the need for FI to do a review, and would give everyone clarity as to when increases kick in.