A number of you are searching for the record date of the Reliance Power Bonus issue and then hitting my blog. Note now that the management has announced it - Bonus shares will be issued to all those that own shares as of June 2, 2008. That means you must purchase the share on or before 29 May 2008. On the opening of the 30th, the share will go "ex-bonus" meaning any purchases from then on will not give the owner any bonus shares.
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This entry was posted on Friday, April 25th, 2008 at 3:53 PM and is filed under ReliancePower, Stocks.
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>Deepak,
After the announcement, do you think it makes sense to buy Reliance Power now? If yes, then what price I should keep buying? Would you please help me out? Thanks,
Anoop
04.25.08 at 4:32 PM
>Anoop: No. You gotta wait for clarity. The way I see it this stock will be at this price four years from now. Maybe you can think about it then.
04.25.08 at 7:09 PM
>yes. by that time RPower would have purchased gas fields, coal fields, copper cos, turbine cos, steel plants, malls, auto cos and 5 million flats to ‘lock’ in electricity sales.then ipos on chawl, sra and townships. wow! can’t wait. where’s my cheque book
04.26.08 at 7:20 AM
>Interesting.
06.02.08 at 8:57 PM