Webjet Demerger

Managing trading & investments Corporate action
1

Hi there. I am wondering how do we input the recent Webjet demerger in Sharesight where a new share WJL was created

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2

Im after the same Answer :slight_smile: lol

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3

Me too.

4

Hi there,
ATO class ruling is not available for this demerger yet. Hence, you can track your WJL shares by adding an Opening balance trade (1 share of Webjet Group Limited for every 1 Webjet Limited share held) at cost base =$0 for now.

Once the cost base allocation ratio is available:

  • Go to your Webjet holding page (WEB.ASX) in Sharesight.
  • Click on “Enter a new trade or adjustment” from trades and income tab.
  • Select “Adjust cost base” as the trade type. Use the Demerger Calculator to enter the appropriate ratio (trade date: 30 Sep 2024).
  • Take note of the Cost Base Reduction amount.
  • Update the cost base amount on the opening balance trade of WJL.ASX ( =cost base reduction amount on WEB.ASX)
  • Save the trade.
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