›

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Sign In Register

Quick Links

Categories

Company Takeover

PeterOPeterO
in General
One of my holdings has been taken over by another listed company. I received number of shares in the new company for all shares in the old one (0.8 new shares per old share). I used SymbolTransferOut for the old company which reduced my holdings to zero and reduced cost base by the value of my investment. I then applied this amount to SymbolTransferIn transaction for the new company, basically transferring capital from one company to another.
Please have a look at the attached screenshot - not sure why PS is showing capital loss for the old company, With transfer of capital I would expect a zero?

Comments

  • VidasMatelisVidasMatelis
    I believe this is a bug, will be fixed in the next release. I am still not sure yet when this new release will be available.
Sign In or Register to comment.