Remember the date - 8th June...!: PABC to start trading

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PABC will start trading on 8th June [Wednesday] ...it was trading around 57~59 after the Split announcement...and the split is as 1:1..so how would be the trading price after the split...?

I guess it as : [57~59] if we take 58 as average price, then

58/2 = 29/- & hope PABC will commence trading @ 31 or 32 levels...!

any other opinion...? pls post...!

Last edited by hybrid_OS on Mon Jun 06, 2011 7:06 pm; edited 1 time in total (Reason for editing : Topic changed to bring meaning)

gfte

gfte

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2 for 1 so the price will be =57/3
=19
it may start the trade @ 18 and will may go up to 20

Gaja

Gaja

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gfte wrote:2 for 1 so the price will be =57/3
=19
it may start the trade @ 18 and will may go up to 20

I didn't understand your calculation friend

Pichchiya

Pichchiya

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@gfte,sub division is not 1:2.It's 1:1

gfte

gfte

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yes yes, im sorry

TuskerLK

TuskerLK

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Generally when a subdivision is announced; they will announce how many shares we will end up having for how many shares we had earlier.
10:1 means 100 shares will become 1000shares,

If PABC is splitting at 1:1 then who had 100 shares at the beginning will end up having 100 shares after split. If this is a script dividend/bonus/capitalization of reserves then the above ratio is ok,one who had 100shares will get another 100shares for free.

Based on the above discussion I presume that this is a share split at a rate of 2:1. If so the post split starting price will be half of the closing price prior to split.

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Remember the date - 8th June...!: PABC to start trading

1 Remember the date - 8th June...!: PABC to start trading Mon Jun 06, 2011 2:19 pm

CSE Today

2 Re: Remember the date - 8th June...!: PABC to start trading Mon Jun 06, 2011 5:36 pm

gfte

3 Re: Remember the date - 8th June...!: PABC to start trading Mon Jun 06, 2011 5:41 pm

Gaja

4 Re: Remember the date - 8th June...!: PABC to start trading Mon Jun 06, 2011 5:50 pm

Pichchiya

5 Re: Remember the date - 8th June...!: PABC to start trading Mon Jun 06, 2011 5:54 pm

gfte

6 Re: Remember the date - 8th June...!: PABC to start trading Mon Jun 06, 2011 11:45 pm

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7 Re: Remember the date - 8th June...!: PABC to start trading

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