TabCorp demerge to The Lottery Corporation

On 1 June 2020 TabCorp Holdings (TAH) demerged to create The Lottery Corporation (TLC). I have entered the TLC details into my Reckon portfolio but the holding does not update the price. I have checked that TLC is the correct ASX code and that TLC is listed in my security list. All my other security holdings update without problem.

Thanks

Michelle M.

Comments

Rav

Hi @michmatt

I've just tested this out by entering the following into my Personal Plus 2021 install and then running an update with the following results. Do you have the same configuration?

michmatt

https://community.reckon.com/discussion/8032073/tabcorp-demerge-to-the-lottery-corporation

Hi Rav,

No - I have Reckon Accounts Personal Plus 2022 but apart fro that everything else seems to be identical.

Michelle M.

michmatt

Hi Rav,

No - I have Reckon Accounts Personal Plus 2022 but apart fro that everything else seems to be identical.

Michelle M.

GerryWinter

Mine showed ok as well

faigey

Hi michmatt,

I have exactly the same situation as you. Same software Reckon Accounts Personal Plus 2022.

The Lottery Corporation (TLC) is not recognised and so does not update automatically.

Has there been any progress on this issue since you posted in August 2022

Thanks

Rav

@faigey

The TLC ticker is recognised and updates normally in the Personal Range software (see latest price update below)

Can you advise the specific process you're going through specifically to add this ticker in your software?

faigey

Hi Rav

Look I have been able to rectify this problem by deleting the TLC and reinstating. I honestly do not know what the problem was. Notwithstanding, it seems to be functioning now

Perhaps it was a glitch in the software when Tabcorp first processed the demerger or perhaps I have incorrectly inputed data?

So please do not concern yourself with it for now

Thanks for your involvement - I will get back to you if there are any ongoing issues.

Regards

Barrie Meadows

Following the demerger the cost basis of Tabcorp shares changed to 17.76% of the total cost just before the merger.Is it possible to adjust the cost balance in the Portfolio Value listing so that the true variation between cost and value is reflected

grmas1

https://community.reckon.com/discussion/comment/20636753#Comment_20636753

I am looking for info on how to do this too. I have a similar issue with the demerger of TPM into TPG & TUA