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#1 Fri Jul 19, 2013 11:11 am
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Member
Registered: Jun 2013
Posts: 42
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Thank u, Razvi
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#2 Thu Jul 18, 2013 8:42 pm
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Member
Registered: Jun 2013
Posts: 37
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Yes its true that EBLCP will be converted to EBL ordinary shares this time.
which means If you have 80 Kitta EBLCP it cost you = 80 * Rs 860 per share (EBLCP Rs 860 taken) = Rs 68800 25% Of EBLCP will be converted to EBL ordinary shares which means you will have 20 kitta EBL ordinary shares i.e 20 * Rs 1650 per EBL shares = Rs 33000 Then 60 EBLCP shares will remain after 25 % will be converted to EBL ordinary shares. which means your cost for EBLCP will be Rs 68800 - Rs 33000 EBL Shares = Rs 35800 for 60 EBLCP shares so per share cost for EBLCP will be 35800/ 60 = Rs 596 So you have EBL shares 20 Kitta = Rs 33000 and EBLCP 60 Kitta if sold at Rs 700 per share= Rs 42000 you value will be Totalling to Rs 75000 from Rs 68800 when EBLCP 80 Kitta was purchase. Please also note if the Price of EBLCP is above Rs 750 then the more profit you earn. Hope I could answer your querry. |
#3 Thu Jul 18, 2013 11:40 am
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Member
Registered: Jun 2013
Posts: 42
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This year 20% of EBLCP converting in EBL is it right? What is the calculation of its return in current price.
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