What is going on with Sampath Bank. Such a big drop in early trading.
Can someone explain that please.
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worthiness wrote:
What is going on with Sampath Bank. Such a big drop in early trading.
Can someone explain that please.
CSE.SAS wrote:worthiness wrote:
What is going on with Sampath Bank. Such a big drop in early trading.
Can someone explain that please.
Maybe Profit Booking OR Force Selling
rainmaker wrote:It's the scrip issue that makes the price of the share before and after the XD date more volatile. It is hard to value the extra share you get per 33 shares held.
If you buy a 1000 shares you will take 6000/= + approximately 6800/= worth of shares (i.e. 1000/33 * 225)
If you sell now you forgo the extra shares that can be quite valuable given the future share price.
SAMP shareholders should consider the dividend as 56 (33+20 from cash dividend) shares per 1000 shares held. It adds a different perspective
CSE.SAS wrote:rainmaker wrote:It's the scrip issue that makes the price of the share before and after the XD date more volatile. It is hard to value the extra share you get per 33 shares held.
If you buy a 1000 shares you will take 6000/= + approximately 6800/= worth of shares (i.e. 1000/33 * 225)
If you sell now you forgo the extra shares that can be quite valuable given the future share price.
SAMP shareholders should consider the dividend as 56 (33+20 from cash dividend) shares per 1000 shares held. It adds a different perspective
I can't understand how you got 56 as dividend.
If you can please explain me rainmaker..
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