Can you please tell me what will be result for below scenario
- I buy 9 share of X company at 600 Rs.
- So total is 5400 Rs.
- Now company decide bonus of 1:2
- So I get 4 share bonus (9+4 = 13 shares)
- As its bonus price of shares will be reduced. Price is reduced to 400 Rs.
- As I have odd no. of shares, I will get 1 share less.
- So is it a loss to me of 400 Rs.? or I will get refund?