Wednesday, July 7, 2010

reliance game

recently rnrl got merged with rpower in 4:1..

1st of all,, when the cmp was 65 of rnrl and 180 of rpower,, then the ratio should be 3:1..

is there any logic or calculation behind this... ??? or its just in the hand of the top management..

ultimately who lost money,, retail investors,,,, the holding of promoter was 85% in case of rpower and just 55% in case of rnrl...so who are the beneficiary.

and if u check the volumes of these shares just before monday,,, its really huge,, means that someone has sold rnrl in qty and bought rpower in qty.. (now who could be this someone)..

is Sebi not looking into this.....

lastly,,, if there was some calculation in 4:1,, then why they dint announced when the price was near 45,, (10 days back)..

friends,,, try to understand,, who is making money

1 comment: