Ask Colin

Why does my chart of ABC Learning Centres (ABS) look different to yours in BRW 26 July 2003?

ABS has made two issues of additional shares since listing:

A 2:11 rights issue at $10.80 on 25 September 2002 and

A 5 for 1 split on 20 November 2002.

I suspect that you have not adjusted your chart for these, or your data vendor has missed them or done them incorrectly if you have a data vendor who makes adjustments for you.

I am going to deal with this issue in my upcoming Newsletter No 31.

Keyword:

CHART ADJUSTMENT