The Motley Fool Discussion Boards
Stocks B / Beam, Inc.
|Subject: Re: Calculating cost basis, holding period after||Date: 10/13/2011 2:01 PM|
|Author: GreyedOut||Number: 125 of 129|
I have a similar problem. Looking at your 43.52/55.72 I believe the numerator must be the open price of BEAM on the 1st day of trading (Oct 3) and the denominator must be the closing price of BEAM on the last day of trading (Oct 3)
Well the above was just thinking out loud as it seems that the value of the two stocks spun off taken together must be the value of FO and a ratio calculated to determine the value of the two new companies.
Surely this is not a new problem or a hard problem but for those of us that are not "in the know" we really have no answer.
My shares are held at Fidelity but I never talk to someone there. My adviser is TMF
I hope someone "in the know" posts to this thread.
|Copyright 1996-2017 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|