Since 2005 Cinnober’s series B shares have been listed on Alternativa Sweden (Alternativa aktiemarknaden), a trading platform under the supervision of the Swedish Financial Supervisory Authority.
Cinnober has now converted to monthly trading, with stock prices continuing to be determined by auction.
Alternativa uses a model where trading is concentrated and conducted on certain predetermined days, usually during one week a month. The pricing is determined with a specially designed auction model. This model aims to achieve more stable pricing and less volatility for shareholders. In between the monthly trading periods, larger trades are matched if buyers and sellers show interest.
The share price is published on Alternativa’s website, where you also find recent news, trade history, etc.