ESH Chart, page-836

Hopefully you just read the annoucnemnt and well might be a bit harder to do the average down.

If what you have said is true your total investment (not including brokage) is - 6352.94 + 3088.24 + 12000 or $21,441.18 for 1M shares.

1st lot 352,941 @ 0.018 2nd lot 147,059 @0.021 and 500,000 @ 0.024

This would equate to 2.144c average buy price - if you were to buy 1M at 1.2c (might be bit hard now with announcement) - this would equate to a further $12,000 spend (plus brokerage).

This would then mean your average is 1.67c for the 2M shares you now own. So when we get back to 1.7c you would technically be in the green but when we reach 2c you would be easily in the green where as right now you would still be in the red.