MOREPEN or MORE-PAIN !…..Morepen Labs (FV Rs 2) at Rs 9…Should you Hold or Sell ?….especially Deposit Stakeholders who have become Equity Stakeholders as they have been given shares in lieu of their Deposits

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A Client had placed a Deposit of Rs 50000 with Morepen Labs years ago…Under a Scheme of Arrangement and Compromise,It got converted into 3313 Shares…he asked me whether he should Hold or Sell….The Price is currently Rs 9 thereabouts…so he should recover nearly Rs 30000 An emotional decision would dictate to Sell…and after reviewing the …

MOREPEN or MORE-PAIN !…..Morepen Labs (FV Rs 2) at Rs 9…Should you Hold or Sell ?….especially Deposit Stakeholders who have become Equity Stakeholders as they have been given shares in lieu of their Deposits Read More ยป