E.g; Using today closing prices
BLUE.N0000 4.30 BLUE.X0000 1.90
CIC.N0000 85.00 CIC.X0000 60.00
HNB.N0000 149.00 HNB.X0000 92.50
but,
CDB.N0000 40.00 CDB.X0000 44.90
What is the reason behind this?????????
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@Monster: I don't accept the 'demand and supply' logic... I think this is just one of the many anomalies in the CSE, probably due to ignorance... Take this example...Monster wrote:Generally voting share is trading above non voting share price. However, there is no rule that it should always trade less than voting value. It's always based on demand and supply. As @Nigel.Machado states, non voting share is much less than compare to the voting share. Hence, it's fair to expect the higher demand for non voting share.
Antonym wrote:@Monster: I don't accept the 'demand and supply' logic... I think this is just one of the many anomalies in the CSE, probably due to ignorance... Take this example...Monster wrote:Generally voting share is trading above non voting share price. However, there is no rule that it should always trade less than voting value. It's always based on demand and supply. As @Nigel.Machado states, non voting share is much less than compare to the voting share. Hence, it's fair to expect the higher demand for non voting share.
A shop sells Toshiba laptops.
All these laptops are identical; they are available either with or without a mouse.
The shop has 46 laptops with a mouse, but only 5 laptops without a mouse.
Why would anyone pay more for the laptops without a mouse?
(Replace laptop with share; replace mouse with voting rights.)
Last edited by ronstyn on Fri Jun 15, 2012 7:50 pm; edited 1 time in total
hunter wrote:
Why do we pay higher for nonfat milk and pay less for full cream?
Antonym wrote:@Monster: I don't accept the 'demand and supply' logic... I think this is just one of the many anomalies in the CSE, probably due to ignorance... Take this example...Monster wrote:Generally voting share is trading above non voting share price. However, there is no rule that it should always trade less than voting value. It's always based on demand and supply. As @Nigel.Machado states, non voting share is much less than compare to the voting share. Hence, it's fair to expect the higher demand for non voting share.
A shop sells Toshiba laptops.
All these laptops are identical; they are available either with or without a mouse.
The shop has 46 laptops with a mouse, but only 5 laptops without a mouse.
Why would anyone pay more for the laptops without a mouse?
(Replace laptop with share; replace mouse with voting rights.)
Exactly my point...Whitebull wrote:
Simple isn't it ? Laptop does not need a mouse.
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