IPO - Sultan Resources Ltd, page-84

Let talk about Koppar
it was 0.265 before opi advertised
then jump to 0.29
after ex-opi day it was 0.245
now it's 0.255
opi price is 0.08
opi was 1:4
realistically opi added value 0.08/4 per share=0.02 per share
0.255+0.02=0.275 (including opi value)
but we paid 0.01 per opi, so 0.275-0.01=0.265

As it was before opi. )))) Because buyers incorporating opi in a share price and would like to pay less So at this stage it's clear short term impact.



Long term impact is more complicated for calculation , because there are too many "if - else" scenario.