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Price sure will drop, like 2.8, u bought 1k, then after share split will be 2. 8/2=1.4,but u have 2k, after wait few week stable, the price will around higher than 1.4
shenyong offcourse price will follow ratio of BI, i talk about possibility for price doesnt increase. jftech price till now not yet break ATH which is after BI allocation
Hi ShenYong, can i please confirm if your way of calculation for is correct?
Because my UOB account not calculate like your way and i got less money. please kindly advise, thanks
An easy way to determine the new stock price is to divide the previous stock price by the split ratio. Using the example above, divide $40 by two and we get the new trading price of $20. If a stock does a 3-for-2 split, we'd do the same thing: 40/(3/2) = 40/1.5 = $26.67.
