The TroyGold Krugerrand token price displayed on Mesh.trade before settlement is indicative only.
It is estimated based on the spot price for gold, which can fluctuate frequently. Between the time the TroyGold Subscription book closes and the time of final token Settlement, the actual spot price may move higher or lower than the indicative price, meaning you could end up owning more or less Krugerrand coin(s) than you originally anticipated.
If you have decided to buy a whole coin and want to make sure you have committed sufficient mZAR to secure it at settlement, two methods are vavailable to you:
It is estimated based on the spot price for gold, which can fluctuate frequently. Between the time the TroyGold Subscription book closes and the time of final token Settlement, the actual spot price may move higher or lower than the indicative price, meaning you could end up owning more or less Krugerrand coin(s) than you originally anticipated.
If you have decided to buy a whole coin and want to make sure you have committed sufficient mZAR to secure it at settlement, two methods are vavailable to you:
- Post settlement, buy the additional token fractions you require at the standard market price, to make up your shortfall.
- Pre settlement, subscribe for a higher mZAR amount at the special launch price than you expect you'll require for a whole coin, and then trade any fractional balance you are left with on the Mesh secondary market.
This information is for general informative purposes only and does not constitute financial advice. Investors should always consider their own circumstances and seek independent financial advice if needed.