Hi Rahul,
Your Calculations Are Correct & Theoretical Open Should Be Todays Close Divided By 20. When It Opens Tomorrow Cause Tomorrow is 8th And It Will Open With Theoretical Opening.
Bonus Shares Reflecting In Your Demat Will Probably Take Time...I Don't Of Any Company Other Than Infosys Where Bonus Shares Are Credited.....On Time.
Why Other Companies Delay Crediting The Bonus, I Have No Idea As To The Reasons....or Benefit To The Companies For Delaying The Credit Of The Bonus.
Happy & Patient Investing
SavantGarde
Your Calculations Are Correct & Theoretical Open Should Be Todays Close Divided By 20. When It Opens Tomorrow Cause Tomorrow is 8th And It Will Open With Theoretical Opening.
Bonus Shares Reflecting In Your Demat Will Probably Take Time...I Don't Of Any Company Other Than Infosys Where Bonus Shares Are Credited.....On Time.
Why Other Companies Delay Crediting The Bonus, I Have No Idea As To The Reasons....or Benefit To The Companies For Delaying The Credit Of The Bonus.
Happy & Patient Investing
SavantGarde
Dear Savant ji
I have a query that I have bought SESAGOA's 10 units @ 3400 on 6th Aug and it is going to Ex on 8th Aug.( Spilit Rs. 10 to 1 & Bonus 1:1)
1. which date will they take as base for split.
1. Now i want to know that if i sell it's all 10 units @3300 on 8th , then can it be sold.
2. If yes, then rest of share volumes (i think Split means 10x10 =100 & 100:100 Bonus that means 200 shares on which date i will received in my D-Mat.
3.If i have sold 10 units on 8th Aug, then rest of 190 can be sold.
4. what is the benefit to me in this bonus.
Regards
Rahul
I have a query that I have bought SESAGOA's 10 units @ 3400 on 6th Aug and it is going to Ex on 8th Aug.( Spilit Rs. 10 to 1 & Bonus 1:1)
1. which date will they take as base for split.
1. Now i want to know that if i sell it's all 10 units @3300 on 8th , then can it be sold.
2. If yes, then rest of share volumes (i think Split means 10x10 =100 & 100:100 Bonus that means 200 shares on which date i will received in my D-Mat.
3.If i have sold 10 units on 8th Aug, then rest of 190 can be sold.
4. what is the benefit to me in this bonus.
Regards
Rahul
Last edited: