Entropia Investment Fund implements a 1:5 share split
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We have split all existing shares with a factor 1:5. That means that every investor now has 5 times more shares than before. Each share is worth 1/5 or 20% what it was before.
It is likely this share split shall increase the number of investors in the future. We hope that a lower share price will be more attractive to the community.
The new certificates have a base value of 100 PED instead of 500 PED as in the past. A totally new investor must invest at least 500 PED. This is essential to keep the administration of the fund manageable.
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