As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Monday, 17 May 2010

Noble - Adjusting the buy price after bonus issue: 11 for 6

Market price adjustment for Noble Friday closing price of $2.98 is $1.928. You may adjust your purchase price simply as follows:

($Buy Price x $1.928) divided by $2.98 = adjusted buy price after bonus issue.

Bought at $3.11 is internally adjusted to $1.87 by getting more than its fair share from the total bonus issue entitlement for the purpose to sell them at board lots.
Bought at $2.85 is adjusted to $1.72

So after the bonus issue, Noble holding will have 55% value impact for every price bid movement. Enjoy the slightly more portfolio price volatility.

1 comment:

  1. Hi bro8888,

    It's easier if you just take the buy price x 11/17. That will give the adjusted price of noble after bonus.

    ReplyDelete

Related Posts with Thumbnails