‘Virtual stock market’ for yearlings launched from thestable.ca

from thestable.ca

Guelph, ON — A new concept in horse ownership launched today (Sept. 28) that will bring consignors and investors together in a revolutionary new way.

Called “The Stable” and hosted at thestable.ca, the program will benefit consignors by allowing them to sell their horses for what they deem to be fair market value by naming their price on the site. Consignors might include breeders whose stock did not meet a reserve at a sale, or owners who purchased a yearling at auction for a bargain and think it might be a worthy candidate for investors.

Horses in The Stable will be trained by Ontario-based horseman Anthony MacDonald, who will break and train the 2-year-olds for a flat monthly rate. While the horses are in training, the site will include weekly videos of the horses jogging and training, along with commentary from trainers, veterinarians and blacksmiths.

Horse owners will be able to buy into the horses at any time during the horse’s training schedule, at any percentage. They would then assume that percentage of the horse’s monthly training fee, along with a percentage of the stakes payments. They can also sell their shares to other investors on the site.

“As the market would fluctuate for each horse as time goes by and videos appear, the owners would have the availability to sell any percentage of their yearlings for what the market would bear,” said MacDonald.

“It is a ‘virtual stock market’ for yearlings.”

With the yearlings sales in full swing, more horses are being added to the site each day. To see the horses in The Stable, visit thestable.ca. For more information, contact MacDonald at Anthony@thestable.ca or 1.519.400.4263. Follow The Stable on Twitter at @thestablecanada.

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  • TheStable.ca introduces secondary share market (Monday, June 13, 2016)
    After selling all of the shares available for 2-year-olds in their stable, the fractional ownership site TheStable.ca has introduced a secondary share market to accommodate both present and potential clients.

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