Hi sifus, anyone can help me on why there is a huge drop for LITRAK share prices? I read the news they are doing some ex-dividend procedure but not really sure about that whole understanding. Thanks!
STOCK MARKET DISCUSSION V150
STOCK MARKET DISCUSSION V150
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Nov 16 2022, 03:45 PM
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Hi sifus, anyone can help me on why there is a huge drop for LITRAK share prices? I read the news they are doing some ex-dividend procedure but not really sure about that whole understanding. Thanks!
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Nov 17 2022, 10:12 AM
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QUOTE(Cubalagi @ Nov 17 2022, 09:58 AM) Ah okay, I just received a huge sum of dividends from them. Thou I am not sure its a good or bad thing since they are going to delist themselves out of Bursa. Is there any reason left to hold on to my remaining stocks quantity? |
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Nov 17 2022, 11:47 AM
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Nov 17 2022, 11:48 AM
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QUOTE(cherroy @ Nov 17 2022, 10:38 AM) As in the news, they are not going to retain the listing status, so left is the capital repayment to finalise the delisting process. Noted with thanks sifu! Question: Capital Repayment value dependent on the initial stock value purchase (meaning the first time price i bought) or its currently based on the latest price value (which is after the dip)?If there is no further change in the plan of delisting, your option a) If wish to get the capital repayment, then wait for it. b) If not, just dispose the share in the market. PS: Okay I just read based on this article, Capital Repayment is 0.56 MYR per share...Well guess I just wait through it then for the chump change (Link: https://www.theedgemarkets.com/article/litr...ex-date-nov-10) This post has been edited by CODDarkKnightDk: Nov 17 2022, 12:13 PM |
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