OTCQX:MRVFF - Post by User
Comment by
bcscon Feb 19, 2016 2:34pm
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Post# 24576007
RE:RE:RE:RE:What is correct process for valuing cost bases after split?
RE:RE:RE:RE:What is correct process for valuing cost bases after split?Wouldn't it be simpler and beneficial to most to treat it as a diposition at the closing price for NRI and claim the capital gain (or more likely loss) this year, and treat the new shares as an aquistion at the opening price rather than carry through and split the old cost basis?