$UTDPLT (2089.MY)$ I am a newcomer, may I ask if having 20...
I am a newcomer, may I ask if having 200 units on hand, can be 200*0.6=RM 120, what does 2-for-1 bonus issue mean? Will the price drop by 50%? Can anyone help answer? Thank you.
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103468558 : You are right, 200share x 0.6 cent. For the bonus issue, I am not quite sure, maybe some more experience individual can answer that. Cheers
8m_m8 : If my understanding is not wrong, that means I will get 60cent dividend + if I have 200 share, I will get 100 bonus share. End up I will own 300 share. Any sifu here can help to verify this?
SouLesS : exdate closing price divide by 1.5 for the bonus issue. e.g. closing price is RM30, then after bonus issue, it will adjust to RM20
Edmond Lotus : for 2 for 1 bonus, let's say market price is RM30 and you have 1000units, the share price will drop to RM20 and you will get bonus share of 500, so total you will have 1500 units with RM20. The value is same, just volume increases with price lower.