Thread: Iraq/Dinar News up until March 28th 8PM CT.

Sorry can't get this to put a space between Shares Purchased, Stock Price, Assumed Exchange Rate, Totat Dinar, and Total Dollars to forms columns.




Before a Reval

Shares, Stock, Assumed, Total, Total
Purchased, Price, Exchange Rate, Dinars, Dollars

10,000, 10 Dinar, 1000 IQD to 1USD, 100,000, 100

So it cost a US investor 100 dollars to purchase 10,000 Shares of stock excluding any bank charges for the exchange of dollars to dinars. And this puts 100 more dollars into the company in Iraq.



After reval of 1 IQD to 1 USD

Share Stock 1 to 1 Total Total
Sold Price Exchange Dinars Dollars

10,000 .01 Dinar 100 100


Here are the questions.

Would the stock price of the company drop with the increase in the exchange rate or would it stay the same? If the stock price stays the same (10 dinars) the foreign investor makes a lot of money without a real increase in the value of the company. If the stock price drops (.01) in accordance with the reval of the local currency, that company can still be bought up for very little, because the stock priced dropped so much because of the revaluation.

So the question is will it be more beneficial to revalue the currency now before the exchange opens to foreign investors or latter?


Any and all input is welcome.