The stock seems pretty bad right now at around Rs 200. Would it be better to invest the money on other companies instead?
View on r/NepalStock by manymanymeny
Would it be a waste of money to apply for the Upper Tamakoshi right share?
Comments
7 responses to “Would it be a waste of money to apply for the Upper Tamakoshi right share?”
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it’s not like waste of money but there’s better performing stocks which are above 200d Moving averages.
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Nepal ko context ma yes, everywhere else no upper tamakoshi ko case ma.
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If you are absolute certain with zero risk that your money invested elsewhere gives >100% return within a couple of months, then go ahead. Otherwise, grabbing those right shares is the way.
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What.
Let me explain:
The price is around 200 because right share has been issued at 1:1 ratio, i.e. the price got adjusted to account for the now higher number of shares.Eventually, the price of shares will go up once more in the future.
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Currently, without applying for right share, you are at a loss, both in terms of price and future opportunities.
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First since the price has already adjusted for the right share not applying now would be a sure shot loss for you….secondly even at the current price you are getting 200 rs valued stock for 100 rs….thats an instant 100% gain….so do the math
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upper upper matrai ho jane , tala jadaina kailey pani
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You already lost money if you are eligible for the right shares..You will lose more money if you dont apply these shares too..So apply…
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