1c share

[bloemfontein]

Please help. What is going to happen when i buy the ERS NPL share for 1c. Is it worth something?

[JDT]

When you buy it, it will show up in your portfolio. Yes, it is currently worth 1c. It is worth as much as someone's willing to pay for it.

[SimonPB]

it gives you the right to buy 1 ESR share at 215c (or there's about) .. short answer, tis a NPL, expires soon and best advice is stay away ..

[#4]

ja boet, it gives you the right (which you have to pay for) to buy additional ESR shares are R215 per share (when you can buy the things now for R195). And then, since these are new shares that are being put into the market, the value of your share will be diluted accordingly. So if you think it sounds like a good deal, then buy that right off somebody (unless you are a shareholder and have been given NPL's?) and remember that if you don't exercise the right, then you lose your 1c worth when the NPL expires

[MehmoodHaffejee]

Can some-one confirm that no brokerage, etc will be paid if these NPLs are sold. Calculations are showing a different story on the actual buy/sell screen.

[SimonPB]

of course you pay brokerage etc .. why wouldn't you ???

[MehmoodHaffejee]

Thanks Simon; my bad :->