Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.

bs-regular
bs-extra-light
bs-light
bs-light
bs-cond-light-webfont
bs-medium
bs-bold
bs-black

Community


Share knowledge. Ask questions. Find answers.

Online Share Trading

Engage and learn about markets and trading online

INTU PLC

Reply
royandroy
Contributor
I see that INTU PLC are issuing a "Scrip Dividend/Application for Listing of Shares" at 50 pence which is about R10.00 INTU is trading at around R60.00. Is this going to dilute teh price?
0 Kudos
Reply
3 REPLIES 3
THRESHOLD
Super Contributor
That is the par value of the instrument - the share in this instance. They will trade at market.
0 Kudos
Reply
THRESHOLD
Super Contributor
That is the par value of the instrument - the share in this instance. They will trade at market.
0 Kudos
Reply
royandroy
Contributor
Thanks for the reassurance!
0 Kudos
Reply