Part Paid Shares - Accounting for multiple payments.

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Posted by Gary Wilson on June 02, 2006 at 16:52:36:

This question has been raise quite sometime ago & I wondered whether any progress made on this issue.

I have a share that is partly paid. There was an initial payment & now almost 10 years later I am required to pay final amount. The FM choices available seem to be I can "sell" this stock & "re-purchase" to reflect its new status. This however would create a complete distortion in returns data for what is one of my largest investments. The other option I thought of is, if I could treat this final payment as a reverse or minus dividend. This should create an accurate picture in graph & also yields? Will FM accept a minus dividend - or is there a better solution?

Replies:

• Re: Part Paid Shares - Accounting for multiple payments. Mark 21:37:58 06/02/06 (0)