Special Transaction Types

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Special Transaction Types

Post  Admin on Sat Apr 28, 2012 10:36 am

Apart from the normal Buying (Collect) and Selling (Release) of Shares, other special transaction of the VstoX game are as follows:

Special Type 1 – Buy and Sell of Rights

Special Type 2 – Buy and Sell of Warrants

Both types 1 and 2 would operate in the same way as the game is concerned. The type 1 always has a prefix “R” in the Id and type 2 would have the prefix of “W” . These are for easy identification.

A special condition would be that both these types could be bought or sold during a particular duration only. These prices and quantities would be based on the End of the day actual market prices.

Special Type 3 - Bonus Shares and Share Splits. (bonus shares are also called as Scrip Issues )

Based on CSE announcements, holders of securities could get more shares according to a defined proportions on a defined date. (Eg: 2 new shares for existing 15 shares as bonus , Each share to be split to 4 under share split )


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