Hello
I am new to this great forum. and i am learning a lot reading the posts. i would like to ask a question.
Today i came to know that Seasa Goa will give bonus share 1:1 and stock will split with the face value of 1. there press release as mentioned below:-
Seasa goa is trading at RS 3004.70 at the moment with 52Wk H/L 4390.00 - 1686.10.
my question is if i buy 100 share now, than what will be my worth once bonus and split happens.
kind help will be appreciated.
Thanks
Rashad
I am new to this great forum. and i am learning a lot reading the posts. i would like to ask a question.
Today i came to know that Seasa Goa will give bonus share 1:1 and stock will split with the face value of 1. there press release as mentioned below:-
Sesa Goa Ltd has informed that August 18, 2008 has been fixed as the Record Date for Sub-division of shares of nominal value of Rs 10/- each to nominal value of Re 1/- each and for issue of bonus shares of Re 1/- each, credited as fully paid-up shares to the holders of the existing equity shares of the Company whose names appear in the Register of Members as on August 18, 2008 in the proportion of one equity share for every one existing equity share held by them.
my question is if i buy 100 share now, than what will be my worth once bonus and split happens.
kind help will be appreciated.
Thanks
Rashad