$OCBC Bank (O39.SG)$ OCBC is the local big bank that bought ...
OCBC is the local big bank that bought Great Eastern. Now Great Eastern stock price is already at $25.63. Dont make sense for OCBC to be cheaper than Great Eastern stock price at $14++. Agree?! ![]()
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Money Fountain : I’m thinking that way too.. anything can happens after 12 July
friend688OP Money Fountain: Oh 17 July is the dividend or revenue announcement? Then everyone is right to buy & keep this stock now.
Cyberkayu : OCBC issued more share so the value were diluted at the first place
friend688OP Cyberkayu: Wrong they always buy back shares. Not dilute
Cyberkayu friend688OP: My comment was, OCBC hav issued more share at the beginning, thus diluted the share price lower at $14 plus today, GE issued lesser share, thus price higher at $25. Simple market supply demand.
friend688OP Cyberkayu: Thank you
understand sir. Cheers
104766392 : stock split in 2005....