regarding split

Discuss regarding split at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; i have bought cash ksoil 250@ 53 on 27th july but there is split exdate ...


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  #1  
Old 30th July 2007, 10:41 PM
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Mihirkumar is on a distinguished road
Exclamation regarding split



i have bought cash ksoil 250@ 53 on 27th july
but there is split exdate was 25 th
it means i shall not get benifit of split but sir if i want to hold than what will be the quantity after the spilt rate i.e when the rate shall be changed

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  #2  
Old 30th July 2007, 10:57 PM
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Default Re: regarding split

The rate would have changed when it went X-Split on 25th.

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  #3  
Old 30th July 2007, 11:19 PM
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Default Re: regarding split

Dude

As soon as the stock split is declared in the excahge, the value of that scrip diminishes accordingly on the opening.
So if the stock split on 25th, and you purchased on 27th, you already purcahsed at the splitted value.

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