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.
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