Saturday, July 13, 2013

Mega Bank Limited could be listed in the range of 180-190 after allotment

Mega Bank Limited could be listed in the range of 180-190 going through the financial indicators of the bank. It is the best among the new lot of commercial banks and has equally good management team. The demand for the bank's share is expected to attract investors after being listed in NEPSE. The listing of price of share of a company depends on the net worth per share (NWPS). The expected NWPS of Mega Bank is Rs.113.69 for the fiscal year 2069/70 so there is probability of its script price being listed in the range of Rs.180-190. However, the listing price does not depend on the number of subscription, it only show the attraction towards the share issue.
Opinion by Freak Money, nepalsharemarket.

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