I had DBS shares in 1996, about 17 years ago. At that time, its share price was $12.33. In 2009, DBS issued rights shares on basis of one rights share for every two ordinary shares held on 31 December 2008. I subscribed to the rights shares at $5.42.
The average cost for my holdings in DBS was $10.02 after the rights issue.
I sold off DBS shares in recent days at following prices:
|16 Feb 2015||$19.22|
|18 Mar 2015||$19.89|
|19 Mar 2015||$20.00|
Since 1996, DBS share price increased by 62%. In between those years, DBS had been paying out dividends. Such was my experience with DBS shares.
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