Example 5 - Share Restructuring
You can test out the following example by copying and pasting the trades into the
calculator . The trade format and instructions
can be viewed here.
|
R |
25/05/2006 |
SKC |
0.1 |
|
|
|
|
B |
17/01/2002 |
IND |
20000 |
0.71 |
10.00 |
71.00 |
U |
|
B |
17/01/2005 |
SKC |
350000 |
0.045 |
12.50 |
78.80 |
U |
|
B |
11/11/2005 |
SKC |
75000 |
0.04 |
11.95 |
15.00 |
U |
|
S |
19/01/2006 |
SKC |
250000 |
0.05 |
11.95 |
0.00 |
U |
|
B |
01/06/2006 |
SKC |
6000 |
0.49 |
11.50 |
14.70 |
U |
|
B |
02/06/2006 |
SKC |
5000 |
0.475 |
11.50 |
11.87 |
U |
|
S |
25/04/2007 |
SKC |
10000 |
0.65 |
50.00 |
0.00 |
U |
|
S |
17/05/2007 |
IND |
10000 |
8.52 |
10.00 |
0.00 |
U |
Results
The first line in the trades data states that on 25th May 2006 the stock SKC was
subject to a 1 for 10 restructuring. On encountering this line the calculator rebases
ALL trades for the stock SKC such that the number of shares value is consistent.
