Bonus shares

hi

Let me introduce myself to the forum members

I am gattu Working in KIWAIT

I came to this site from google search

I greet all the members to have nice profitable trading and fund management

I am new to this forum and will be knowing as i go on.....

Best Wishes to all

Hi friends

i am new to the share trading.

I have purchased 70 shares of castrol for rs.663.05. Recently

castrol has announced 1:1 bonus shares(record date 12-04-10).

But before to this date share value has become 50% from the

original value and the number of shares has not doubled yet.

What should i do?

Hi friends

i am new to the share trading.

I have purchased 70 shares of castrol for rs.663.05. Recently

castrol has announced 1:1 bonus shares(record date 12-04-10).

But before to this date share value has become 50% from the

original value and the number of shares has not doubled yet.

What should i do?

If you bought before the price halved, then wait for about 30 days by which the bonus shares will be credited to your account.

If you brought after the price halved, then you will not get any additional shares.