Nudge on Kite for Lakshmi Vilas Bank

Given that Lakshmi Vilas Bank is being merged with DBS and equity holders will most likely be wiped out, here’s the Nudge we’ve added on Kite to warn users 20201117_225615

https://twitter.com/Nithin0dha/status/1328737039261470722?s=19

7 Likes

this is great… will save people from making irrational decision of investing in stock thinking they can benefit from merger :clap::clap:

@Gautam this one turned out to be worse than yes bank for shareholders :pensive: India’s banking sector is in dire state and this pandemic will only make things worse…

Till now 22 lakh shares have been traded today , since stocks isn’t in fno like yesbank , i don’t think its shorts covering their positions. So probably most of these are uninformed/gullible persons trying to speculate in it.