So, is it today at 2.30 CCFC becomes wealthy!

The frenzy of hype and excitement surrounding the flotation of Facebook peaks this morning as its shares go on offer in the biggest flotation of an internet-based company in history.
The social network turned multinational corporation will be floated on the New York based Nasdaq exchange at $38 (£24) a share a price that values the company at $100bn (£63bn).

From 9.30am Eastern Time (2.30pm UK time) the market will determine the share price and value of the company.

Much coverage has focused on the huge fortunes a handful of Facebook's early friends will make, a group comprising a graffiti artist, a rock star and the college buddies of founder Mark Zuckerberg.


^^^^^^^^^^^^^ is this the time we are waiting for? From what I gather this is when VT takes 100mil and puts it into our club. Hold on people it's gonna be a great ride

Uh , no is the answer to your question .

The £100m is spread out £40m has already been put into the club since they took over.
And I don't know if you read many threads on here any future investments from Tan are dependant on the Langston debt being settled.

Still it must be heart warming for Vinnie knowing at 14:30GMT he will get an extra £100m,
Although I imagine to his wealth that would be the equivalent of one of us finding £20 note on the floor .

Haha, yea but surely without that money he's gonna get there wouldn't be such a great offer.

Haha, yea but surely without that money he's gonna get there wouldn't be such a great offer.

Previously said:-
"Still it must be heart warming for Vinnie knowing at 14:30GMT he will get an extra £100m,
Although I imagine to his wealth that would be the equivalent of one of us finding £20 note on the floor ".

Although I imagine to his wealth that would be the equivalent of one of us finding £20 note on the floor ".

Not really. He has a personal wealth of £750m, so your comparison of one of us finding £20 on the floor would be correct if we had a personal wealth of around £150

Ok but his Cardiff project was never based on getting £100m from stock market.

do we know how much of it he owns?

According to a site I red, it says he owns 3.5m shares in Facebook. Not sure how to put up the link

According to a site I red, it says he owns 3.5m shares in Facebook. Not sure how to put up the link

Is that 3.5mill of shares of £3.5Million?

That will be 3.5 mil shares. At £26, comes to £91 mill. Love to know how many shares the owner has. Bono is apparently another to make it big.

Firstly, apologies for my typo in the word 'read' !

I'll try and work out the link. It definitely says 3.5m shares. It's in an article which was written when he retired from Berjaya in Feb.

http://www.google.co.uk/search?q=facebo ... ent=safari

I think this is it -

http://www.theedgemalaysia.com/highligh ... -corp.html

Not into a business either , spare money for him. Hopefully us!!!