OZ Minerals
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     sway
Member
Username: sway
Post Number: 359
Registered: 12-2005
Rating: N/A
Votes: 0
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| | Tuesday, July 01, 2008 - 02:46 pm: |  
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Colin
What happens in cases like the OXR/ZFX merger? When the new company starts trading, does it do so like a brand new listing (ie no history in IC) or do you for example append it to OXR's existing history? I can see arguments for both cases. The new company IS new, but I feel uncomfortable as a technical analyst without historical data.
The same point will probably arise with BHP/RIO soon.
regards
Sway
This is not a recommendation or advice. As they say .... DYOR.
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colin_twiggs
Member
Username: colin_twiggs
Post Number: 3191
Registered: 09-2002Rating: N/A
Votes: 0
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| | Wednesday, July 02, 2008 - 01:16 pm: |
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Sway,
We have asked our data suppliers to investigate.
Regards,
Colin
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colin_twiggs
Member
Username: colin_twiggs
Post Number: 3192
Registered: 09-2002Rating: N/A
Votes: 0
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| | Thursday, July 03, 2008 - 09:43 am: |
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Answer from Premium Data:
There is no adjustment required for OXR/ZFX.
ZFX shareholders get a certain quantity of OXR shares, OXR continues, ZFX is delisted.
Regards, Colin
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sway
Member
Username: sway
Post Number: 369
Registered: 12-2005
Rating: N/A
Votes: 0
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| | Thursday, July 03, 2008 - 10:21 am: |
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That's good news. Thanks Colin
Cheers
Sway
This is not a recommendation or advice. As they say .... DYOR.
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