A little more than $ 8,000,000 changed hands at auction this week SecondMarket Facebook shares. And the price rose $ 1.50 per share, or approximately 5% over the last week's record price of $ 30/share. 257,422 shares are bought and sold.
That values ??Facebook, with approximately 2.5 million shares outstanding, at $ 78,750,000,000. O, 17 Twitters and change.
The confidential (lol) email and part of the report is attached below, and we'll be updating our Facebook valuation table.
For market participants Facebook:
This week's auction success SecondMarket cleared 257,422 shares at a price of $ 31.50 per share. Read more details in the attached report auction results.
auction next week will require a minimum sales and minimum purchase of 10,000 shares. If you are bidding less than 100,000 shares, is required to open a brokerage account with SecondMarket. Please accounts@SecondMarket.com email to receive a form of opening brokerage accounts and return the completed form by Monday, March 7, 2011 at 5:00 pm EST.
Please send your completed by the seller or buyer of the forms of information fb@SecondMarket.com on Wednesday, March 16 at noon EST. To verify receipt of your application, you should receive a confirmation email fb@SecondMarket.com. If you do not receive a confirmation email, your order has not been received by SecondMarket and may be excluded from the auction. The responses are usually sent within one hour.
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