Bingo Delisting

Managing trading & investments
1

Hi, Just wondering if anyone knows how we handle the BINGO delisting in Sharesight, if we chose “Mixed Consideration” of cash and unlisted scrip?

2

Hi @damo have you received any specific instructions for this corporate action?

3

Not yet.
Just keen to see how I put the sell and unlisted scrip into Sharesight to track performance.

4

Hi, would you have any guidance on how we should handle the bingo corporate action in our sharesight portfolio? Especially for the mixed consideration of payout and unlisted scrip? Thanks

5

Hi @damo as per this scheme booklet, to record the mixed consideration in Sharesight;

  1. add a fully franked dividend of $0.117 per BINGO share held as of the special dividend record date announced
  2. add a Return of Capital entry for $1.32 - $0.117 per share
  3. Add a cancellation entry at cost so no CGT arise (considering this is not a CGT event)
  4. Add a custom investment for the unlisted shares at the same cost