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What Is The Estimated Value Of 12500 Units Of First Bank Shares - Investment - Nairaland

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What Is The Estimated Value Of 12500 Units Of First Bank Shares by vicadex07(m): 4:17pm On Oct 28, 2017
I have 12500 units of first bank shares in my CSCS account. If I decide to sell them (which I am already contemplating) how much will be the total monetary worth in naira?
Investment gurus in the house, pls help me out. Thanks.
Re: What Is The Estimated Value Of 12500 Units Of First Bank Shares by vicadex07(m): 4:56pm On Oct 28, 2017
Re: What Is The Estimated Value Of 12500 Units Of First Bank Shares by davide470(m): 7:03pm On Oct 28, 2017
Assuming closing price of First Bank as at Friday = 6.20, selling 12,500 units would be; 12500 x 6.20 = 77,500NGN.

Factoring brokerage and statutory fees - 1.725% of the value - 1.725% of 77,500 = 1,336.8NGN

The net value would then be: 77,500 - 1,336.8 = N76,163.20

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