sure, balance float will increase after this exercise, but do not worry, as long as company make profit price will be increase ( high balance float is better than low )
well normally after ex-bonus splits ... people tend to take profit with the added liquidity to sell on strength previously share price goes up unable to sell very illiquid
@Contender.....I see, any long term target price for PESTECH ?? I am unable to reach to an intrinsic value for this counter since it derives its revenue from projects (my bad)
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....
Ktteh
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Posted by Ktteh > 2016-05-30 07:54 | Report Abuse
That is a good news right? But why the share like no movement and going up one after the news.... Good to buy?