Hi Everyone,
HAI-O is planning bonus issue and then share split, share price is approximately RM10.
If I buy 10 lots (10,000 units):
10,000X RM10=RM100,000
After bonus issue (1:5), I get:
10,000/5=2000 (bonus units)
Total units is 12,000
After share split (2:1), I get:
12,000 X 2 = 24,000
What is the estimated share price for HAI-O after the bonus and share split?
I don't think it's going around RM10, is there a way to calculate the new price?
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Mar 2 2010, 01:15 AM
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