Microcosm - 2nd Seedrs crowd-funding round

You have the same number of shares, but they represent a smaller proportion of the total number of shares in circulation, so you own a smaller proportion of the company. However, the current financing round puts a higher value on shares in circulation. Of course, to realise that value now you'll have to find a buyer for them, and you may lose some tax breaks (see small print).

Then this is where i'm confused... the email status the new share value as £1.49 which is a lot lower than the £10 initial purchase. I was expecting it to be higher.