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Discussion in 'Technical Analysis' started by siva934127, Jun 3, 2015.

  1. siva934127

    siva934127 Member

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    Hi Shabbir,

    Today you might have seen Adani Enterprise stock fall 80%, I have few questions mentioned below. please clarify.

    Yesterday, All brokers said all F&O positions of AE should be closed EOD

    1. I observed today big changes happen to put options of AE, please find the attachment.

    2. If I took put option AE by 9:20 AM today, definitely should I get that much profit as per the attached screen shot

    2. If Demerge going on, this much fall should happen.

    3. If some one (long term investor)holds share at 700rs of AE, today how much they lose.

    Thanks and Regards,
    Siva.
     

    Attached Files:

  2. saptarshi_sachin

    saptarshi_sachin Responder

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    I am glad that someone put up Adani Enterprise on the board rite now.
    Looking forward to answers.....
     
  3. jignesh_acharya

    jignesh_acharya Active Member

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    Its fno discontinued on June 2 which was the settlement date I think.
     
  4. jignesh_acharya

    jignesh_acharya Active Member

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    The stock is splitted in three share of group companies, so it's total value has gone down as per demerger scheme just like bonus and splits.
     
  5. jignesh_acharya

    jignesh_acharya Active Member

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    If someone holds shares before record date which was yesterday then he loose nothing as per yesterday's closing.
     
  6. shabbir

    shabbir Administrator Staff Member

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    Fundamentally I don't track Adani and so some questions may not be spot on to answer but I will try my level best to answer them all.

    Possibly because of the merger.

    I don't trade in Futures either.

    No. Because it did not crash and there is a demerger and so you should be getting shares of other companies that may be formed out of it. As I read the news now, shareholders of Adani Enterprises will get

    1. 14.123 shares of Adani Port for every 10 share held in Adani Enterprises.
    2. 18.596 shares of Adani Power for every 10 shares held in Adani Enterprises. (Will be listed)
    3. And many such restructuring of mining and other businesses as well.

    Yes. Bonus, demerger can make such fall and ideally you would not be able to short at 800 and then buy back at 100 on the same day in FnO.

    He would get shares of Adani port. May or may not loose but then not 80% for sure.
     
  7. shwetagnema

    shwetagnema Active Member

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    Occupation:
    House wife
    thanks for information shabbir
     
  8. shabbir

    shabbir Administrator Staff Member

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    The pleasure is all mine.