Thread: ISX Delima on figures being Used-neno.

But how would this tie into any RV? Here are the numbers from October 2006

http://www.isx-iq.com/page/english/b...rt/10-2006.htm

Originally Posted by neno

That alot of shares in dinars for opening and closing at 1.40 if that was in dollars.

Commercial Bank of Iraqi 23462500 32870625 1.450 1.400 1.400 1.400 1.450 1.400 1.400 1.450

What is that, about 9.4 million difference for shares traded?

Originally Posted by Seaview

"I believe these prices are dinars not dollars. These prices are 1400 dinars."

no its says 1.40 1.45 etc there is a point in there seaview 1400 nid was gone way back these are trade prices from last week if it was nid then it would read 1260

Originally Posted by bigjase1

no its says 1.40 1.45 etc there is a point in there seaview 1400 nid was gone way back these are trade prices from last week if it was nid then it would read 1260

Apparently the price of the share is nothing to do with the price of the dinar. Apparently we're confusing 1260 dinar price per dollar with a price of a dinar in shares. The two are not related. Currency prices and share prices are not related. (1400= fils - or equiv of british pennies).

I think I got that right - might have to go check.

the new prices are from june 6th 2007

Originally Posted by Seaview

Apparently the price of the share is nothing to do with the price of the dinar. Apparently we're confusing 1260 dinar price per dollar with a price of a dinar in shares. The two are not related. Currency prices and share prices are not related.

I think I got that right - might have to go check.

so how do they sell shares at 1.40 nid then at a rate of 1260 it does not add up

Those are the correct prices per share in dinar. For example you can buy one share of the Commercial Bank of Iraq for 1.40 dinar. Yes, the shares are that cheep now. When you think of 1260 that means that for every $1 USD Iraq will give you 1260 dinar so $1=1260 NID

Originally Posted by inquisitive1

Those are the correct prices per share in dinar. For example you can buy one share of the Commercial Bank of Iraq for 1.40 dinar. Yes, the shares are that cheep now. When you think of 1260 that means that for every $1 USD Iraq will give you 1260 dinar so $1=1260 NID

I knew CokaCola stock was like .03 compared here in the us to 33.00 So I didn't want to justify with a answer until all pertaken in their views on this subject. I dont really study their stock prices as of yet, and just could not answwer the deliema.

Originally Posted by bigjase1

so how do they sell shares at 1.40 nid then at a rate of 1260 it does not add up

That's 1400 fils (or the equiv of British pennies). I'll pm you later with a proper explanation.

Originally Posted by Seaview

That's 1400 fils (or the equiv of British pennies). I'll pm you later with a proper explanation.

Seaview,

Can you please add me to that PM?!?!?!

hunter

You can add me too, Please