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.
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nasi_lemak
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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