This article explains how to manually add a consolidation to a holding in Navexa when the consolidation has not already been applied automatically.
What Is A Consolidation?
A consolidation, also called a reverse split, reduces the number of shares or units you hold while increasing the price per unit by the same ratio.
For example, in a 1-for-10 consolidation, every 10 units become 1 unit. If you held 13,000 units before the consolidation, you would hold 1,300 units after the consolidation.
Your total holding value should stay roughly the same immediately before and after the consolidation. Only the unit count and price scale change.
When Navexa Adds Consolidations Automatically
Navexa can automatically apply many consolidations when the corporate action can be confirmed.
You may need to add a consolidation manually if:
The consolidation has not appeared in your holding.
Your unit quantity does not match your broker or statement after the consolidation.
Your performance or holding value looks incorrect around the consolidation date.
You are entering historical transactions manually.
Before adding a consolidation manually, check the official company announcement, exchange announcement, or broker statement so you have the correct date and ratio.
How To Tell If One Is Missing
A missing consolidation usually shows up when your holding still has the old unit quantity after the market price has changed.
Common signs include:
Your returns look unrealistically high.
The price chart shows a sudden step-change around the effective date.
Your units do not match your broker statement after the corporate action.
There is no Consolidation entry in the holding’s Trades tab around the effective date.
The price chart shows a sudden step-change around the effective date.
If the unit count is too high and the price has already adjusted upward, Navexa may calculate the holding value or performance incorrectly until the consolidation is recorded.
Before You Add One
Before adding a consolidation, confirm the official details from the issuer, exchange, or broker.
Check:
The effective date of the consolidation.
The ratio, such as 1-for-10.
Any rounding rules.
Whether any cash-in-lieu applies for fractional units.
Use the official effective date in Navexa unless your broker or issuer documentation clearly says otherwise.
Example: 1-For-10 Consolidation
If an announcement says units will be consolidated on a 1-for-10 basis:
If you held 100 units before, you would hold 10 units after.
If you held 13,000 units before, you would hold 1,300 units after.
If the consolidation is not recorded, Navexa may still show 13,000 units using the post-consolidation price. This can make the holding value and performance look too high.
Add A Consolidation Manually
To manually add a consolidation in Navexa:
Open Portfolio from the left-hand menu.
Select the holding you want to update.
Open the Trades tab.
Select Add Trade.
Open the Type dropdown.
Select Consolidation.
Enter the Date of the consolidation.
Enter the number of Subtracted Shares.
Add the broker, notes, or an attachment if needed.
Select Add Trade.
The consolidation will appear in the holding’s Trades tab once it has been added.
What To Enter As Subtracted Shares
In Navexa, Subtracted Shares means the number of shares or units removed by the consolidation.
Use this calculation:
Old units − New units = Subtracted Shares
Example: 1-For-10 Consolidation
If you held 13,000 units before a 1-for-10 consolidation:
Old units: 13,000
New units: 13,000 ÷ 10 = 1,300
Subtracted Shares: 13,000 − 1,300 = 11,700
You would enter 11,700 as the Subtracted Shares amount.
Do not enter the new unit total. Enter only the number of units removed.
If Rounding Applies
Some consolidations produce fractional entitlements.
For example, a consolidation may result in a final entitlement that is not a whole number of units. In these cases, the issuer or broker will usually explain whether the result is rounded and whether any cash-in-lieu is paid.
Use the final unit figure from your official statement or notice, then calculate Subtracted Shares from that number.
Consolidations Are Not Added From Add Merger
Consolidations are added from the holding’s Trades tab, not from Actions > Add Merger.
Use Actions > Add Merger only when you need to record one of these corporate actions:
Merger — two companies combine into one.
Acquisition — a company is acquired or bought out.
Demerger — a company splits into separate entities.
For a reverse split or consolidation, use Trades > Add Trade > Consolidation.
For a normal stock split, use Trades > Add Trade > Split.
What Happens To Original Trade Prices?
Navexa does not rewrite your original historical buy or sell prices after a consolidation.
Your original trades stay unchanged so your transaction history remains accurate and auditable. Instead, Navexa records the consolidation as a separate corporate action. This reduces the quantity held and adjusts the effective cost base per unit from that point forward.
For example, if you originally bought 13,000 units before a 1-for-10 consolidation, that original buy trade remains visible in your trade history. Navexa records the consolidation separately to reduce the holding by 11,700 units, leaving 1,300 units after the consolidation.
The total cost base is spread across the smaller number of units, but the original transaction is not changed.
Why The Chart May Look Different
A holding chart may look unusual around a consolidation date if the market price adjusts before the consolidation has been recorded.
This can happen because the price per unit increases after a consolidation, while the number of units should reduce at the same time. If the unit reduction is missing, the holding can temporarily look much more valuable than it really is.
Some finance websites use adjusted historical prices to smooth price charts. Navexa preserves your original transaction history and records the consolidation separately, so the chart may show the real sequence of events around the consolidation date.
Temporary Ticker Codes
Some exchanges may temporarily trade a security under a different code during a consolidation period.
This can happen during deferred settlement or corporate action processing. The security may later return to its normal ticker once the consolidation process is complete.
If you see a temporary ticker code on your broker statement, check the issuer announcement or broker documentation before adding or editing the holding in Navexa.
How To Edit Or Remove One
To edit or remove a consolidation:
Open the holding.
Go to the Trades tab.
Find the Consolidation entry.
Open the entry to edit it, or remove it if it was added incorrectly.
Save your changes.
Refresh the holding and check that the quantity and performance now look correct.
If It Still Looks Wrong
If the consolidation still looks incorrect after adding it:
Check that you used the effective date, not the announcement date.
Confirm the consolidation ratio.
Check any rounding or cash-in-lieu rules.
Make sure you entered Subtracted Shares, not the new unit total.
Check whether there is already another consolidation entry for the same holding.
Check whether the event was actually a merger, acquisition, demerger, cancellation, or return of capital instead.