Hello fellow Traderji members
I had bought ONGC shares on Margin on the 13th of Dec 2016 @312. However, there was a share split announced due to which the current share price is @201. I believe there's also Rs32 dividend on the 15th declared by the ONGC board. Also, they have declared bonus share of 1:1. I plan to square it off tomorrow. Could you please tell me what the implications of it would be. Your quick response will be much appreciated.
I had bought ONGC shares on Margin on the 13th of Dec 2016 @312. However, there was a share split announced due to which the current share price is @201. I believe there's also Rs32 dividend on the 15th declared by the ONGC board. Also, they have declared bonus share of 1:1. I plan to square it off tomorrow. Could you please tell me what the implications of it would be. Your quick response will be much appreciated.