For example: base date: parent company's net value 1. 15. Hold 10000 copies. *** 1 1500 yuan, net. 1.07. Price 1.0 10.
First of all, we need to calculate the converted net value of the new mother base = the net value before conversion (A net value before conversion-A net value after listening)/2 =1.15-(1.07-1)/2 =1.
Then the share of the new mother obtained by the mother holder = old mother/new mother x 10000 =1.1.16 *16 =10000.
The new parent share obtained from share A = (old A net value-new A net value)/new parent share net value XA = (1.07-1)/1.115 *10000 =
After a conversion, a total of * * * is obtained 10000 copies of field _A+627.8 copies of field _ new parent.
The extra 627.8 mother base is the interest for you. It can be redeemed after the conversion date, and the price is calculated according to the net value of the parent base on the redemption date, which has a high risk of fluctuation and can also be split into AB when the on-site premium is high (it is not recommended to sell if the quantity is small).
Then the opening price of A after discount is 1 yuan, but we need to know that A has a reasonable price after listing, and we can calculate it according to the formula: reasonable transaction price of A = transaction price before discount of A-net value of old A+net value of new A =1.015+1.07.
Point-to-point conversion: divided into upward folding and downward folding. It should be noted that regardless of discount, discount _ is based on the net value of B, and the price of B is only the price affected by trading behavior, so too high discount _ will cause certain losses.
Let's talk about folding first: generally, the net value of the parent base rises to a certain point (generally 1.5/2 yuan), which triggers folding. Restore the control lever to its original state.
Some Class A does not participate in the transformation, others do, and the transformation process of A has been described above. I'll write the transformation in which A doesn't participate. Take Shenwan Securities Classification as an example. It's a little different from other branches. A does not participate in folding, and the share and net value remain unchanged. And the part whose B net value exceeds A net value is converted into the parent fund. After the conversion, the three net values are equal, and B takes back twice the leverage. Let's calculate the whole process:
A net value 1.0424B net value 2.058 price 2.3 10000 shares to buy 10000 shares, that is, 23 190 yuan, parent net value 1.5502 to hold 10000 shares.
New female share =1.5502/1.0424 =14871.45.
On-site B shares = 10000.
Share of new parent stock held by B =(B net value -A net value)/1.0424x10000 = 9742.9.
The newly added parent share in the market can be split into AB shares, and B can be retained after selling A. ..
Price 65438+1October 26th A: 0.9 13B net value 1. 14 12 parent net value 1.09 19.
The opening price of 65438+1October 27th b is 1. 14 1, the net value of the 26th b.
B's reasonable pricing = parent company's net value x2-A price =1.0919 * 2-0.913 =1.268.