Re: Warrant conversion
[ Q2 03 - Q4 05 Archive ]
[ Current Message Board ]
[ Archives ]
[ Search ]
Posted by Mark on May 05, 2003 at 14:28:39:
In Reply to: Warrant conversion posted by Lang Tu on May 05, 2003 at 11:49:59:
: Dear Mark,
: I bought some warrants and at their expiration date, I had to convert them into the underlying shares by adding more money (i.e. at the exercise price). How should I record this transaction nicely in your program? I did search by key word "warrant" but nothing appears.
: Many thanks for your support
: Best regards
: Lang Tu Hi Lang, You can probably handle this a couple of ways... It sounds like the best
may be to use 2 investment files, one for the warrants, and one for the
underlying stock. When you converted to the actual shares, record a sell
of the warrants, and a purchase of the stock. The sum of this buy/sell
should equal the amount you spent converting to the shares. Thanks,
Mark
--
Mark Beiley
Fund Manager, portfolio management software for Windows 95/98/ME/NT/00/XP
Replies:
|