By DominicWalsh · Posted
By DominicWalsh · Posted
By DominicWalsh · Posted
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Question
Martinius
On 28/07/2022 there were two trades shown as Corporate-Action for my McEwen Mining Inc shares. One was a sell action selling my total quantity of old shares with no price. The other was a buy action buying back approximately 10% fewer new shares, again at no cost. I think this was for a consolidation to arrive at a situation where I had 1 new share for every 10 of the old shares. On 19/08/2022 there was what appears to be a tidy up operation to account for 7 of the old shares which did not equate to a whole new share.
I assume the mathematics of this worked OK. However it has left me with the situation where my profit or loss for the McEwen shares does not show up properly. It shows the market value of these shares to be practically the same as the profit, which it would do if I bought them at no cost.
How can I adjust the figures to give me the real profit or loss of these shares in particular, and my portfolio as a whole?
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