When will Shasta shares open?

According to Tejarat News, it has been several weeks since the Shasta symbol was stopped and it is not clear when it will be reopened.

Social Security Investment Company or Shasta had a profit of 2 billion Tomans last month, ie Bahman, and the value of the company’s stock portfolio has reached 122 thousand and 14 billion Tomans. This issue shows the decrease of three thousand and 953 billion Tomans in the value of this symbol’s portfolio.

Shasta is currently one of the largest listed companies. On the other hand, the company’s losses are increasing daily.

Shasta CEO also announced that 24 subsidiaries will be offered in the capital market within the next one or two years. Also, 19 subsidiaries of this company will be dissolved or merged.

Some experts say that the initial public offering of Shasta subsidiaries can be detrimental.

At what price does Shasta open?

Social Security Investment Company registered an increase of 1052 of its capital on 30 December. This capital increase was applied to the shareholders’ portfolio with the bonus shares on February 17th.

At the same time, the Shasta symbol was closed, after a few weeks, this symbol has not been opened yet, and it is not possible to predict exactly when this symbol will open.

This symbol, which was closed with a final price of 1100 Tomans, will be reopened with a new price of 95 Tomans. Shareholders were awarded 1052 shares with a bonus of 100 Tomans per share.

The reopening of this symbol will have no oscillation amplitude, meaning that it can fluctuate in positive and negative. Experts predict that if the stock market is positive on the day of its reopening, it can be considered an upward trend.

Nima Mirzaei, a capital market expert on the symbol, says: “It is not possible to say definitively about when Shasta will be reopened, but how will it be reopened?” It can be said that due to the balance that we are witnessing in the market these days, the pressure of emotional sales may not enter the system.