public void ListWithOneChildSecurity()
{
var listingDate = new Date(2000, 01, 01);
var stock = new StapledSecurity(Guid.NewGuid());
var childSecurities = new StapledSecurityChild[]
{
new StapledSecurityChild("ABC_1", "Child 1", true)
};
stock.List("ABC", "ABC Pty Ltd", listingDate, AssetCategory.AustralianProperty, childSecurities);
using (new AssertionScope())
{
stock.Should().BeEquivalentTo(new
{
Trust = false,
EffectivePeriod = new DateRange(listingDate, Date.MaxValue)
});
stock.RelativeNTAs[listingDate].Percentages.Should().Equal(new decimal[] { 1.00m });
stock.ChildSecurities.Should().SatisfyRespectively(
first => first.Should().BeEquivalentTo(new
{
AsxCode = "ABC_1",
Name = "Child 1",
Trust = true
}));
}
}
public void DeListWithoutBeingListed()
{
var listingDate = new Date(2000, 01, 01);
var delistingDate = new Date(2002, 01, 01);
var stock = new StapledSecurity(Guid.NewGuid());
Action a = () => stock.DeList(delistingDate);
a.Should().Throw <EffectiveDateException>();
}
public void ListWhenAlreadyListed()
{
var listingDate = new Date(2000, 01, 01);
var stock = new StapledSecurity(Guid.NewGuid());
stock.List("ABC", "ABC Pty Ltd", listingDate, AssetCategory.AustralianProperty, new StapledSecurityChild[0]);
Action a = () => stock.List("XYZ", "XYZ Pty Ltd", listingDate, AssetCategory.AustralianProperty, new StapledSecurityChild[0]);
a.Should().Throw <EffectiveDateException>();
}
public void SetRelativeNTAsPercentagesDontAddTo100()
{
var listingDate = new Date(2000, 01, 01);
var changeDate = new Date(2002, 01, 01);
var stock = new StapledSecurity(Guid.NewGuid());
var childSecurities = new StapledSecurityChild[]
{
new StapledSecurityChild("ABC_1", "Child 1", true),
new StapledSecurityChild("ABC_2", "Child 2", false)
};
stock.List("ABC", "ABC Pty Ltd", listingDate, AssetCategory.AustralianProperty, childSecurities);
Action a = () => stock.SetRelativeNTAs(changeDate, new decimal[] { 0.60m, 0.60m });
a.Should().Throw <ArgumentException>();
}
public void SetRelativeNTAsBeforeListing()
{
var listingDate = new Date(2000, 01, 01);
var changeDate = new Date(1999, 01, 01);
var stock = new StapledSecurity(Guid.NewGuid());
var childSecurities = new StapledSecurityChild[]
{
new StapledSecurityChild("ABC_1", "Child 1", true),
new StapledSecurityChild("ABC_2", "Child 2", false)
};
stock.List("ABC", "ABC Pty Ltd", listingDate, AssetCategory.AustralianProperty, new StapledSecurityChild[0]);
Action a = () => stock.SetRelativeNTAs(changeDate, new decimal[] { 0.50m, 0.50m });
a.Should().Throw <EffectiveDateException>();
}
public void SetRelativeNTAsTwiceOnSameDay()
{
var listingDate = new Date(2000, 01, 01);
var changeDate = new Date(2002, 01, 01);
var stock = new StapledSecurity(Guid.NewGuid());
var childSecurities = new StapledSecurityChild[]
{
new StapledSecurityChild("ABC_1", "Child 1", true),
new StapledSecurityChild("ABC_2", "Child 2", false)
};
stock.List("ABC", "ABC Pty Ltd", listingDate, AssetCategory.AustralianProperty, childSecurities);
stock.SetRelativeNTAs(changeDate, new decimal[] { 0.30m, 0.70m });
stock.SetRelativeNTAs(changeDate, new decimal[] { 0.60m, 0.40m });
stock.RelativeNTAs[changeDate].Percentages.Should().Equal(new decimal[] { 0.60m, 0.40m });
}
public void DeList()
{
var listingDate = new Date(2000, 01, 01);
var delistingDate = new Date(2002, 01, 01);
var stock = new StapledSecurity(Guid.NewGuid());
stock.List("ABC", "ABC Pty Ltd", listingDate, AssetCategory.AustralianProperty, new StapledSecurityChild[0]);
stock.DeList(delistingDate);
using (new AssertionScope())
{
stock.Should().BeEquivalentTo(new
{
Trust = false,
EffectivePeriod = new DateRange(listingDate, delistingDate)
});
stock.Properties.Values.Last().EffectivePeriod.ToDate.Should().Be(delistingDate);
stock.DividendRules.Values.Last().EffectivePeriod.ToDate.Should().Be(delistingDate);
stock.RelativeNTAs.Values.Last().EffectivePeriod.ToDate.Should().Be(delistingDate);
}
}
public void ListWithoutChildSecurities()
{
var listingDate = new Date(2000, 01, 01);
var stock = new StapledSecurity(Guid.NewGuid());
stock.List("ABC", "ABC Pty Ltd", listingDate, AssetCategory.AustralianProperty, new StapledSecurityChild[0]);
using (new AssertionScope())
{
stock.Should().BeEquivalentTo(new
{
Trust = false,
EffectivePeriod = new DateRange(listingDate, Date.MaxValue)
});
stock.Properties[listingDate].Should().BeEquivalentTo(new
{
AsxCode = "ABC",
Name = "ABC Pty Ltd",
Category = AssetCategory.AustralianProperty
});
// Check default values are set
stock.DividendRules[listingDate].Should().BeEquivalentTo(new
{
CompanyTaxRate = 0.30m,
DividendRoundingRule = RoundingRule.Round,
DrpActive = false,
DrpMethod = DrpMethod.Round
});
stock.RelativeNTAs[listingDate].Percentages.Should().BeEmpty();
stock.ChildSecurities.Should().BeEmpty();
}
}
