You can record mergers, acquisitions and demergers in your Navexa account. This ensures your holdings, cost base and performance remain accurate when companies restructure or are taken over.
Accessing the M&A Tool
Click the Portfolio tab at the top
Open the holding affected by the event.
Go to Trades / Adjustments.
Select Add Merger from the dropdown menu.
You’ll then see:
Any mergers already created by other Navexa users for that holding (you can duplicate these if they match).
The three options to choose from:
Merger – when two companies combine into one.
Acquisition – when one company takes over another (e.g., LRS acquired by PLS).
Demerger – when a company splits and issues you shares in a new entity.
Entering the Details
Once you select the correct type, you’ll need to enter details of the event. You can find these in the scheme of arrangement PDF or ASX announcement sent to you as a shareholder.
Key fields explained:
Implementation Date – the official date the event took effect.
What kind of offer did you accept? – e.g., Scrip for Scrip (you received shares in the acquiring company) or Cash (you were paid out).
How many new shares did you receive? – the exact number credited to your account.
OR Scrip per Share ratio – if you know the ratio (e.g., 0.07 PLS shares for each LRS share), you can use this instead.
Market Price of old shares – the last traded price of the original stock before it was suspended. This ensures accurate CGT and performance reporting.
Finalising the Event
After entering the details, click Confirm. Navexa will:
Cancel the old shares.
Add the new shares (if applicable).
Update your cost base and performance history automatically.