Feedback Message Board

Thank you sir for sharing journey post listing of MOIL which happened in 2010. I am victim of MOIL since 2010. During IPO, There was a buzz about strong fundamental, zero debt, good divided paying, brighter future due to monopoly etc. I could not get IPO allotment so I heavily invested on listing day. I purchased qty 800 @ 520-545. Due to bonus issues, MOIL qty has become 1600 @ approx. average price Rs262. I am still holding qty 1600 till date and also not planning to tender share in buy back. In fact, I have purchased qty 2000 @170.4 in two different accounts to buy back. Let see how my strategy will help to minimize loss. I was not aware that MOIL has given Rs 98 dividend till date. I think as on today or after buy back I will be in profit. Holding period is no issues with me.
Any comments wrt above, most welcome. KSRK sir, your comments are highly appreciated and obliged also.

Very good suggestion by KSK sir.
In buy back there is an opportunity for acceptance of extra shares consequent upon non participation of many holders.
Moreover, as a thomb rule all shares in hand is to be tendered which will increase the acceptance of extra shares.

Sir,
Thank you for your kind compliment n detailed explanation.