ACTIVITY 6: PURCHASE OF 20,000 SHARES OF SAFARICOM AT KSH 5.30DATE: 18TH FEBRUARY 2010
Value of transaction: 20000 X Ksh5.30 = Ksh106000
Add transaction costs(2%)=Ksh 2120
Total cost of purchase = Ksh 108120
Cash in hand after activity 5:Ksh 230550
Less cost of purchase(Activity 6): Ksh 108120
Cash in hand after activity 6:Ksh 122,430
SUMMARY OF CURRENT PORTFOLIO:Cash in hand after activity 6:Ksh 122,430
CDSC portfolio: 120,000 shares of Safaricom
Happy hunting
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