The Trinidad and Tobago NGL Limited (NGL), is one of the stocks listed in the Energy Sector on the local stock exchange. The companys initial public offering (IPO) was in October 2015 and the company was listed for the first time on October 19, 2015; at an opening price of $20.00.

Required:

1. If an investor purchased shares in the IPO at $20.00, would this investor have experienced a capital gain or loss if he/she decided to sell the stock on June 25, 2021.
2. When did this share trade at its highest price since its IPO? What was this price? If an investor who purchased shares at the IPO, sold his holdings on this day, what would have been his capital gain/loss?
3. Based on your analysis in parts i) and ii), what do you garner about investing in the stock market?
4. If an investor held NGL shares since its IPO, what is the total dividends per sharethat he/she would have received to date? Provide details by payment date.

Date	Open	Close	Change	Change %	Volume Traded
June 25th 2021	18.17	17.50	-0.67	-3.69	21,033
Highest Bid - April 3rd 2019	30.50	30.50	0.00	0.00	7000