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Will someone help me in understanding the value of SE. I think the stock price was about 28.00 on date of spinoff.In getting1/2 half SE for each share of DUKE wouldn't anyone holding DUKE value one's share of SE at 14.00. If that's so, then with a price of about 18,75 it seems holders of SE of date of spinoff has a 4,75 gain per share. If my reasoning is correct it appears SE has done quite well. If I'm in error will someone straigten me out so I can explain this to my grandmother who has held DUKE for at least 15 years. Thank You.
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| Subject | Author | Rating | Time of Post (ET) | ||
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Price of SE date of spinoff
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howardrees6... | (1 Rating) | 31-Aug-09 01:40 pm | ||
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Howard - How could one possibly have a gain in SE ...
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randys3111 | Rate it | 1-Sep-09 04:55 pm | ||
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Spectra Energy is now one of the premier natural g...
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chapters140... | (2 Ratings) | 5-Sep-09 12:03 am | ||
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The valuation of SE at spinoff was $24.26 on my bo...
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bankersNC | (1 Rating) | 8-Sep-09 10:22 am | ||
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I thank all who responded to my request on SE...
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howardrees6... | (1 Rating) | 10-Sep-09 07:36 pm | ||
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Correction to my last message. Quoted on...
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howardrees6... | Rate it | 10-Sep-09 07:39 pm | ||
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Check the historical prices section on t...
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hopenchange... | Rate it | 11-Sep-09 06:48 am | ||
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howard- I wil try once more if it still ...
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randys3111 | Rate it | 11-Sep-09 05:17 pm | ||
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I look at this way. I put $200 a mo...
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evattie1 | (1 Rating) | 9-Oct-09 10:22 am | ||
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DEAR EVATTIE 1,I DID THE SAME ...
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bmoser412
Online Now
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(1 Rating) | 10-Oct-09 12:19 am | ||
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Your post spin-off gain or loss has less to do wit...
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mollieqbate... | Rate it | 14-Sep-09 05:52 pm | ||
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If you sold those two shares today you would ...
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mollieqbate... | Rate it | 14-Sep-09 06:02 pm | ||
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good try, but just flat outright wrong. ...
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randys3111 | (2 Ratings) | 15-Sep-09 02:58 pm | ||
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Mollie - agreed tracking your basis is import...
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randys3111 | Rate it | 15-Sep-09 02:30 pm | ||
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I can see why there's so much confusion here....
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mollieqbate... | (1 Rating) | 15-Sep-09 03:23 pm | ||
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Yes, Mollie, you are right. One needs to...
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opahujo | (1 Rating) | 8-Oct-09 11:00 am | ||
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Yes, this is what IRS information s...
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vinb31hop | Rate it | 9-Oct-09 11:00 am | ||
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...
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Adazabath | Rate it | 5-Oct-09 10:12 am | ||
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My cost for Spectra is 17.44 after spinoff,we reci...
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vinb31hop | Rate it | 9-Oct-09 09:19 am |
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