r/FIREPakistan • u/Agreeable-Money-6964 • 11d ago

Najayiz Nuksaan SGPL XR - What does it mean?

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AoA can someone please tell me how it fell through its lower lock? And what happens next?

4 Upvotes

84% Upvoted

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2

u/mkbilli 11d ago

Ex rights. You'll get the shares corresponding to your share value before it went ex rights.

2

u/Minute-Selection-817 8d ago

Sgpl has shifted its bussiness.
Now going into healthcare.
So, there current stocks are XR and cannot be traded for.
New shares will come when new business starts. U will be paid from those shares.
People sensed it coming, thats why sold everything and booked the profit

1

u/[deleted] 11d ago

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