too much hype and it included a prediction. gotta stay clear of that.
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Come on SGS - please don't let one person deprive us all of your enthusiasm and color. Can we also all just be thankful for all those who have the time and make the effort to provide us with news without asking for them to spend extra time editing what they find and bring to us. Many thanks to you all.
I am new at buying stocks and shares, but what i dont understand is why the share prices will 'reverse split' on a reval. Can someone with more knowledge than me tell me what happened when the exchange rate devalued itself. What would have happened to the shares. My understanding is that the 1.50 dinar price per share is still 1.50 dinar multiplied by what you have. Help Im confused.:wacko:
Are they giving out the 10,000 iqd payments today ?
I am just wondering what 10,000 iqd will buy.
Itś worth about £3.50 in the UK, about the price of a Big Mac.
I do not know what you can buy for $6.68 in the US, probably about the same.
But what can you buy in Iraq ?
Many are saying itś not worth very much, but I wonder......
Itś said that many in Iraq are living on the equivilent of $1 a day,
so over $6 is like a weeks groceries.
If thatś true then even without a R/V, 10,000 iqd will be very welcome to most Iraqis.
Not to be negative BUT, itś just a thought........
I believe it will start today
Well, 10 000 is more to them than to us. They can buy more, but not that much
My belief is if they hand out the money without a revalue I think we are in for a long time without revalue. Just my opinion
I agree, despite the statement about the Dinar rising in value in '06, If we don't see a reval before the 10k dinar is handed out it may be a while. We all know how Iraq works with a deadline. they may say by the end of the week and it takes 2 months, or by the end of the month and it takes six. I can only imagine what a year could equate to on their timeline.