Forum Archive Index - November 2002

[" Hans van der Voorn" <vandervoorn@xtra.co.nz>]

Thanks Phaedrus,  Does it work the same for dividends?

Hans
----- Original Message -----
From: "Phaedrus" <Phaedrus@techemail.com>
To: <Sharechat@sharechat.co.nz>
Sent: Wednesday, November 20, 2002 5:47 PM
Subject: [sharechat] GPG Chart


> Hans,
>      I have corrected the data for all bonus issues, to the best of my
knowledge. MetaStock has a utility that does this quite easily. In the case
of a 1 for 10 bonus issue, all prices prior to the issue are multiplied by
10/11. If you do not correct prices in this way, the chart shows a large
overnight vertical drop in the share price, which is not only meaningless,
but it destroys any easy comparison of prices pre and post issue.
>
>    Regards,
>               Phaedrus.
>
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