Coz let say u have 400 shares, after bonus u will get 500 more shares, so total is 900 shares.. so the total value of 4 shares divide by 9 to get the ex price.. it is not considered fall, just reduced price to make the share more liquid
It is indirectly a fall. You buy now and on the ex date it is divided proportionately. Normally most shares after ex will fall below proportion value. I would choose to buy after the ex date if interested in this share. Announcement of BI is like a gimmick to attract public interest.
World chemical producer ( about 27% supplier ) India facing 2nd waves Covids ......besides hextar 5151 get benefit , Techbnd hmmmmmm looking benefit too
The company should engage a good IR to promote the stock if the owner is not into goreng thingy. Can easily attract funds to buy with the Vietnam growth story.
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....
nasi_lemak
57 posts
Posted by nasi_lemak > 2021-03-23 13:21 | Report Abuse
Rasee...let say the price on 24th closing is 1.50, then the ex price would be (1.50 x4)/9 = 0.67 per share