In a board meeting scheduled for February 24, 2008, the Board of Directors of Reliance Power is going to discuss a bonus issue to cheer up the investors who have been left holding their heads due to the poor listing of the Power issue which some had wildly expected to double their investments.
I expect the borad to come out with a 1:4 or a 1:5 bonus issue.. It would be tremendous if the company could give a 1:2 or a 1:3 and simply dumbfounding if the bonus issue is a 1:1 issue.. I am currently not speculating on any firther issue ratios!
Well, atleast the investors got something to lessen their losses......... Oh
No comments:
Post a Comment