Are you calculating post-bonus price from pre-bonus data?
After a bonus issue, the share price usually adjusts downward in proportion to the bonus ratio.
New Price = Old Price × [Old Number of Shares / (Old Number of Shares + Bonus Shares)].
Are you calculating post-bonus price from pre-bonus data?
After a bonus issue, the share price usually adjusts downward in proportion to the bonus ratio.
New Price = Old Price × [Old Number of Shares / (Old Number of Shares + Bonus Shares)].