The value of the share at that time was R50. You paid R10 Where the balance was funded by Naspers and recouped with dividends. The value of the share at expiree will still be determined by supply and demand which in turn will be determined by the perceived value of the stake of PN in Multichoice. You will therefore not know how much this is until expiree. Might even be less than your initial margin.
My understanding is that these shares will mature in November 2011. The value of the share was R50 in 2006. Any idea on what the current value of this share is? is it in any way related to the rise in price of the NAspers share?
Does anyone know when the annoucement will be made regarding the value of this share. An announcement was made that we could sell from December 2011 and that we will be informed of the price and manner in which we can trade the unlisted share.