One for Eight reverse stock split

https://www.moneymanagerex.org/features ... and-shares

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belly5uk
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One for Eight reverse stock split

Post by belly5uk »

hello.

Help/information please my ex company has decided to do a one for eight reverse stock split.

Does anybody know how to do this one share for eight shares reverse stock split in moneymanger?

If you do can you please tell how. I've tried, but am unable to work it out. :?

Many thanks for your assistance in advance :)
whall3y
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Re: One for Eight reverse stock split

Post by whall3y »

Other than a sell of all stock at current number of shares (S) and share price (P) then a buy at S/8 and price P*8 I can;lt think of anything. I'm not aware of any other actions available.
belly5uk
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Re: One for Eight reverse stock split

Post by belly5uk »

Thank you for your response.

I have tried to do as you have suggested and also looked at https://forum.moneymanagerex.org/viewtopic.php?f=31&t=9329 & https://forum.moneymanagerex.org/viewtopic.php?f=31&t=10326 & the how to do section of the help http://github.moneymanagerex.org/moneymanagerex/docs/en/stocks_and_shares.html#section1.
I have searched the forums on how to sell the shares, but can find nothing on how to do it.
I have set up an investment account called M
'My Broker' as in the videos but can not follow any further as these videos are for older versions of the software.
could I be be really checky and ask that you tell me in idot-proof language how to do as you suggest and sell the shares and then buy the amount of shares that i have now after the One for Eight reverse stock split.
Sorry to have to ask for your assistance again.
Many thanks in advance :oops: ;)
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Renato
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Re: One for Eight reverse stock split

Post by Renato »

regards Renato use MMEX since 2009, now with Windows 11
BosseDorotea
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Re: One for Eight reverse stock split

Post by BosseDorotea »

I get it know.
After so much struggle and long time handling the reaseons
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