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Share Name | Share Symbol | Market | Stock Type |
---|---|---|---|
India Cap S | IGCS | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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4.00 | 4.00 |
Top Posts |
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Posted at 07/6/2016 10:51 by loobrush POSSIBLE 100-200% GAIN IN A COUPLE OF MONTHSThese subscription shares carry the right to subscribe to shares in Indian Capital Growth at a price of 61p in August this year. Currently Indian Capital Growth (IGC) Shares are 61.5 - 62.5 Their Net Asset Values per ordinary share as at 3 June 2016 was 83.63 pence So at the moment as (ii) the share price is at a whooping 32% discount to assets The subscription shares can be bought for 3 p at the moment. The Indian market is on a rise and asset value of IGC could rise quite sharply with it, that coupled with a possible Brexit and the drop in sterling would mean a further rise. So for a 1p rise in IGC should see an equivalent rise in the subs (IGCS) . So in a short time scale a 3p + rise in IGC is not out of the question-giving a possible 100%s rise in the subs (IGCS) |
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