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Posted On: 06/05/2017 4:05:11 PM
Post# of 96883
According to his post, 95% means that his holdings is currently 5% of the original principal.
The math formula is taking the share price right now and dividing it by 5%.
So in this case:
.0363 / .05
And that returns approximately .73 cents.
The missing variable is the amount of shares, but approximately 73 cents is the cost average.
The math formula is taking the share price right now and dividing it by 5%.
So in this case:
.0363 / .05
And that returns approximately .73 cents.
The missing variable is the amount of shares, but approximately 73 cents is the cost average.
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