Yes, after the Ex-date, the share price will be adjusted accordingly. Perhaps should be around RM2.00++. But not so sure on how to calculate this Ex-date price especially on this corporate exercise...
If I am correct 5240 @ 1.38 today will be RM7,231.00 + RM2753 cash distribution works out to RM9,984.00. The counter is cheap based on the above illustration.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
playlj
60 posts
Posted by playlj > 2012-09-22 08:55 | Report Abuse
Hi Tan,
after the ex-date, will the mother share reduce its value?i think it would affected the share price too. please share your opinion on this.