Jvsl

#1
Dear Traderji,

I had 200 shares of JVSL in my demat a/c.

After the reverse merger with JISCO, I have 8 shares of JVSL (new) & 1 warrant.

Can someone advise on the conversion ratio :confused: ? Also, on the warrant.

Thanks

Prabhakar.
:confused: :confused: :confused:
 
#2
pkamath said:
Dear Traderji,

I had 200 shares of JVSL in my demat a/c.

After the reverse merger with JISCO, I have 8 shares of JVSL (new) & 1 warrant.

Can someone advise on the conversion ratio :confused: ? Also, on the warrant.

Thanks

Prabhakar.
:confused: :confused: :confused:

I think the conversion ratio announced was 1:22.5 and perhaps the warrant makes up the difference in cash value of 0.888 share of JVSL (new) after conversion.
 

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