@Promoney wrote:@Vasyan wrote:I am going to sell this and go with DD Perera stocks
what do you think? anyone can tell me, is it good practice
You need to analyse the share price size and the split ratio see which shares get the most benefit from a split. Higher share price with a higher a higher split ratio means a very illiquid share becomes very liquid.
For example ACL was trading below 100 when a 1:2 split was announced. A Rs.100 share is not illiquid, so dividing by 2 doesn’t add much values to it in terms of being accessible to more retailers.
On the other hand EBCR is a very illiquid share trading in the thousands, and the split is massive at 1: 100. Which mean a highly illiquid share becomes very liquid. Hence the split will add greater value in terms of being accessible to retailers
Yes it means more small retailers involved this trading with this stock after the division
Then what is the price you expect as others say it can go over 100/= after subdivision?
Then EBCR still worth isn' t it ?