GE Shipping relists after demerger

GE Shipping relists after demerger

Great Eastern Shipping re-listed on the stock exchanges on Monday after the de-merger of its offshore business. GE Shipping shares closed at Rs 222.80, as against the last traded price of Rs 336.70 on November 7 (before the de-merger). Over ...

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hi
re-listing was really bad.....it started off in style at 278 and by the
time markets closed, it hovered at 222. i had bought at an average
price of 325 and now the other entity needs to list at atleast 700 just
to break even. I had expected a re-listing between 250-270.
this de-merger is not like reliance de-merger and i don't think it
has it has unlocked substantial value

Hi!

When will GE offshore will relist. Any specific date. I bought 30@ 275, average cost. but I think GE offshore will give handsome rewards.