and they're off..WSE 4.0

Well, the nay-sayers’ will be eating their hats and freezing in a very hot place as the World Stock Exchange re-opened it’s doors yesterday and has begun a new chapter in the world of the Internet Economy.
Not a bad start and nothing like the expected “run” seen in previous resumptions of service with WSE and other Virtual World Exchanges. As at close of day (which we will be using GMT00:00:00 from here on in) market turnover was W$124,997.51 with a total share volume of 77,492. Considering the market has been open for just on 18hrs, there is still plenty of room to move.

LukeConnell Vanderverre was present at the WSE4.0 Launch in-world at Hope Capital island; stating that he expected users to begin to come back online within a week as they logged in and got the news from invites and notecards. He told the investors gathered “give it 10 days (to fully get going again)”. Today he added the following message to the site.

We had a sneak peak of the new Facebook interface over the weekend and after playing around, must say we are impressed. It seems to have lived up to our expectations. Splinkrot Writer will be covering the application feature set in more detail later today, but Facebook users can take a look here and existing users will be familiar with the original website.
(Our new favourite tool is the “Advanced Orders” or Conditional or Stop Limit Order, but I don’t want to steal any thunder, so go check it out yourself!)

Another announcement today from WSE regarding the financials for the World Traders Fund and WSE (the old ‘Hope Capital Limited’) states that these will be available at 9:00:00am UTC (GMT) or 2am(PST), which should put allegations of “double standards” or “lack of transparency”, finally, to bed.

A brief report today: Movers and shakers were RDX, first cab off the rank, clocking up over 60k shares and topping a whopping W$38.10 when the market opened. SNE saw some volume later on in the day, with their earnings showing a loss, but showing resistance as the price steadily grew from W$1.00 to W$1.69 on close, sitting comfortably above the December/January prices of just under $L0.90.
After some solid earnings announced right on close, FAG began trading just as we took our snapshot, so we are expecting this one to take off in today’s trading..
There were still a few yet to get a look in, with trading halted on WTF and FKH, WSE in secondary until September 21st and ALC just not happy with the current BID’s.

Happy Tradings and Welcome back everyone!!
Yours sincerely,
Logansan Oh
-CEO, Chairman
S&W Assets and Funds Management