Sell and wait for the right price to enter ! Price rose from around 0.60 to 0.80 mainly because of bonus issue. Now, bonus issue completed, so SELL ! Don't you think it is overvalued at PE of 22 ?
Any1 know how to calculate the bonus issues ? I don`t understand the last price is 0.785 then after bonus issue become 0.56 ? Thanks ya. n the numbers of stocks how to calculate ?
Every 5 existing shares you get 2 new shares..so total shares will be 7.. 78.5sen is price for 5 shares. So price for 7 shares will be 78.5sen x 5 / 7 = 56sen
No 35 cents business if you are a long term investor trader ! If mikromb can reach this price the market would affect all stocks to go even lower and by the time you are confused to place your bets. This is something over exergegerated for new newbies not for experience long time trader's.
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....
ivan9511
3,854 posts
Posted by ivan9511 > 2017-07-18 13:14 | Report Abuse
this share already up too much. sell is normall. take profoit ma