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Sri Lanka Equity Forum » Political and Socio-Economic Analysis » Jackpot For LDEV share holders

Jackpot For LDEV share holders

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1 Jackpot For LDEV share holders on Tue Nov 21, 2017 6:07 pm


Senior Equity Analytic
Senior Equity Analytic
Jackpot for LDEV Shareholders.
Rights issue @Rs2.50 for a share of Rs 13 trading on a PE of only 2.
Those who buy the share even at Rs 15, the theoretical XR price would be only Rs 8.75 . If the share trades even at Rs 11 after the Rights issue you will still make a gain of over 25%

And also dont forget that the Rights could even trade at over Rs 10/=

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