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3.4 - How is a share company's initial (par) price determined?

1825 Major companies have fixed par prices. For minor companies the price is set by the player who purchases the Presdient's certificate, using any value on the stock market no lower than one tenth the price of the company's built-in train.
1829, 1829 Mainline, 1835, 1842, 1853, 1853 v2 Companies have fixed par prices.
1826, 1846, 1849, 1851, 1873, 1895, 1898, 18EU, 18GL, 18VA, Rolling Stock There are no par prices. The initial price is set by the player who purchases the President's certificate, choosing a value selected from a range of predefined prices. All further share dealing is done at the current market price.
1827 Jr, 1831, 2038, Crisis Unknown.
1830BC Not applicable.
1837 The three National Railways have fixed par prices. For the seven major companies the initial price is set by the player who purchases the Director's certificate, choosing a value selected from a range of predefined prices.
1841 There are no par prices. The initial price is set by the player who purchases the President's certificate, choosing a value selected from a range of predefined prices. All further share dealing is done at the current market price. The exception to this is companies created by a merger or promotion (or the Ferdinandea Succession). These have their initial price calculated from the prices of the predecessor companies.
1848 The CAR always has an initial price of 100. for all other companies the price is set by the player who purchases the President's certificate, choosing a value selected from a range of predefined prices.
1856 For most companies, the price is set by the player who purchases the President's certificate, choosing a value selected from a range of predefined prices. For the CGR, the price is calculated from the prices of the companies that form the CGR.
1858 Prior to phase 5, by the face value of the private (rounded down); from phase 5 onwards the Director chooses one of a range of values.
1862EA The price is set by the player who purchases the President's certificate, choosing a value selected from a range of predefined prices. For non-chartered companies, the par price is the highest price on the par chart that is equal to or lower than the initial share price.
18EZ Level 1 Not Applicable (no share dealing).
18EZ Level 3 For most companies, the price is set by the player who purchases the President's certificate, choosing a value selected from a range of predefined prices. For the Black Line, the price is fixed.
2038 The par values of "growth corporations" (minor companies that have been promoted to major companies) and the TSI and Asteroid League are fixed. For "growth companies" the par value is 67 but the starting market value is only 10. Those of other "public companies" are set by the player who purchases the President's certificate, choosing a value selected from a range of predefined prices.
Poseidon The price is set by the player who purchases the nation's King card. It can be set to any value on the Prestige track.
Rest The price is set by the player who purchases the President's certificate, choosing a value selected from a range of predefined prices.

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Mail me Keith Thomasson March 14th 2014