comb.r0000

shala_ant · 1 comb.r0000 Mon Aug 22, 2011 10:00 am

shala_ant

Stock Trader

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I have converted 100 COMB.R on 16th but it still dosent show up on account as normal .
I assumed it will add up for the 200 normal stocks that i had already .
Could some one Pls explain as im new.. Smile

lokka1 · 2 COMB Rights Mon Aug 22, 2011 10:57 am

lokka1

Manager - Equity Analytics

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shala_ant wrote:I have converted 100 COMB.R on 16th but it still dosent show up on account as normal .
I assumed it will add up for the 200 normal stocks that i had already .
Could some one Pls explain as im new..

It takes about 21 business days for it to be listed in your CDS account. Anyway September 9th is the last date for you to get the 100% more shares after the 1:1 subdivision. So good luck!
Lokka1

shala_ant · 3 Re: comb.r0000 Mon Aug 22, 2011 11:31 am

shala_ant

Stock Trader

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Join date : 2011-08-13
Location : colombo

Thanks Lokka1..Please correct me if im wrong on following comments .. im just new and trying to get way around things..

I got..
COMB.N 200@228.03 currently ..

including the right price I will get 100@213.85(seems like it will not come through befor 9th Sad

). Ideally I should have converted it bit early .. Didn't new there was a subdividend --Lesson learnt !!

Bit lost why the price creeping up slowly ?
After the subdivision it should go down.

... If my right buy dont go through before 9th i might end up loosing some money..

lokka1 · 4 COMB Rights Mon Aug 22, 2011 12:59 pm

lokka1

Manager - Equity Analytics

Posts : 132
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Join date : 2011-02-16

shala_ant wrote:Thanks Lokka1..Please correct me if im wrong on following comments .. im just new and trying to get way around things..

I got..
COMB.N 200@228.03 currently ..

including the right price I will get 100@213.85(seems like it will not come through befor 9th ). Ideally I should have converted it bit early .. Didn't new there was a subdividend --Lesson learnt !!

Bit lost why the price creeping up slowly ?
After the subdivision it should go down.
Do not worry! You will get your 100 shares through the rights conversion. It is not a subdividend but a subdivision. You will get exactly 300 more shares and your cost price for the 600 shares according to my calculation will be half of 212.677 or 106.34. If you also buy additional shares before the Sept 9th it will also double. The price is creeping up because the price was depressed due to the issue of rights. Lokka1

... If my right buy dont go through before 9th i might end up loosing some money..