hello guys,
been here after a long time. i have a query. would request the seniors and all to shed a light on this issue before investing
i have a chance to invest in Compulsorily Convertible Debentures (CCDs) of
Rs. 100/- each on preferential basis. The current market price is at rs. 30. the lockin period is one year. company proposes a buy back of rs 400. also a dividend of 12% will be given.
can you please tell me how much equity shares i will get after the end of one year, relative to the market price after one year. it would be helpful with an example.
thank you
shifazaid
been here after a long time. i have a query. would request the seniors and all to shed a light on this issue before investing
i have a chance to invest in Compulsorily Convertible Debentures (CCDs) of
Rs. 100/- each on preferential basis. The current market price is at rs. 30. the lockin period is one year. company proposes a buy back of rs 400. also a dividend of 12% will be given.
can you please tell me how much equity shares i will get after the end of one year, relative to the market price after one year. it would be helpful with an example.
thank you
shifazaid