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    NewLiberty
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    December 03, 2014, 04:30:45 AM
     #481

    How do I buy some shares of the Noble Palace? I understand that I am entitled to some upon my recent promotion.

    There are two ways to purchase shares for Noble Palace

    1) You may purchase them from an existing share holder (club member).
    2) You may purchase a limited amount of shares directly (this increases total # of shares floating) based on the level you attain.
    Any levels attained prior to 1500 may also be added to new promotion purchases on the first time purchase

    Code:
    L8 - Knight  1 Share
    L9           2 Shares
    L10          4 Shares
    L11          8 Shares
    L12         16 Shares
    L13         32 Shares

    These (type 2) purchases increase the total quantity of floating shares and are paid to the Corporate fund (shareholder dividend)
    This option is open to all nobility, price adjusts with time
    Nobles that attained their ranks prior to 1500 have this privilege grandfathered.  
    Notice that as a shareholder, you also benefit from the funds deposited into Noble Palace Club holding as you then own a percentage of these funds as well.

    Rhadamanthus requests to purchase 2 shares directly, based on L9 on 1500.

    I also attained L9 in 1500, if it is allowed I will buy 2 shares.

    You would be allowed 3 direct purchase shares (1 for L8 and 2 for L9)
    Shares in 1508 are 2,330,000 each, by comparison even though this is a significant discount from what Grand Hotel shares would cost, it is a more exclusive environs where you would be guaranteed to only rub shoulders with those of noble bearing, and does provide an exquisite view of the jousts.

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