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Online Share Trading

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Share Installments

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WBuffet
Contributor
What effect will the share buyback have on share installments issued over SBK? Simon, please help shed some light on this?
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2 REPLIES 2
SimonPB
Valued Contributor
the issuers haven't said what they'll be doing. But I would suspect (and I suspect because this is the easiest route) they sell 11.1% of your instalments and you receive R136 less strike per instalment. They will issue sens on Friday or Monday
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Shaun_Siddall
Super Contributor
Thats interesting so if geared at 3 or 4 times with an expirey date say October the installments are looking really good. What is the share price forcast say for the next six months? Does the same apply with Aveng for a share buy back?
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