What Is The Estimated Value Of 12500 Units Of First Bank Shares - Investment - Nairaland
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| What Is The Estimated Value Of 12500 Units Of First Bank Shares by vicadex07(m): 4:17pm On Oct 28, 2017 |
I have 12500 units of first bank shares in my CSCS account. If I decide to sell them (which I am already contemplating) how much will be the total monetary worth in naira? Investment gurus in the house, pls help me out. Thanks. |
| Re: What Is The Estimated Value Of 12500 Units Of First Bank Shares by vicadex07(m): 4:56pm On Oct 28, 2017 |
| Re: What Is The Estimated Value Of 12500 Units Of First Bank Shares by davide470(m): 7:03pm On Oct 28, 2017 |
Assuming closing price of First Bank as at Friday = 6.20, selling 12,500 units would be; 12500 x 6.20 = 77,500NGN. Factoring brokerage and statutory fees - 1.725% of the value - 1.725% of 77,500 = 1,336.8NGN The net value would then be: 77,500 - 1,336.8 = N76,163.20 2 Likes |
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