Marawila Right Issue

dencil · 1 Marawila Right Issue Wed Mar 16, 2011 2:33 pm

dencil

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hi...
Please any one tell me what happens to Marawila Right Issue because i brought @ 1.70
the market closed on 14th March @ 1.10 when i check my portfolio (Account Summary) they added additional @ 10.00 now my cost of a share is 11.70 , then when the market will open and @ what rate they issue (Release) to the market
Thanks.............

xmart · 2 Re: Marawila Right Issue Wed Mar 16, 2011 2:45 pm

xmart

Senior Manager - Equity Analytics

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dencil wrote:hi...
Please any one tell me what happens to Marawila Right Issue because i brought @ 1.70
the market closed on 14th March @ 1.10 when i check my portfolio (Account Summary) they added additional @ 10.00 now my cost of a share is 11.70 , then when the market will open and @ what rate they issue (Release) to the market
Thanks.............

don't tell me, you don't know, that you have to have pay additional 10 Rs per right to convert to normal one. last date of acceptance and payment is 15th March. if you paid already it will take about 2 week to convert to normal.
otherwise, you are loss!

Fresher · 3 Re: Marawila Right Issue Wed Mar 16, 2011 4:12 pm

Fresher

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*sigh*

TuskerLK · 4 Re: Marawila Right Issue Wed Mar 16, 2011 4:34 pm

TuskerLK

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POOR NEWBIE

abra12 · 5 Re: Marawila Right Issue Wed Mar 16, 2011 11:03 pm

abra12

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@dencil,

You cannot be a newbie because you have joined the forum in February 03 rd.

There were many posts in the forum about right issues and some experts advices as well.If you are serious about CSE, it is worth to read all the posts in the forum.