I hear what you were saying, but a more accurate way of...

I hear what you were saying, but a more accurate way of understanding the cost of the shares is to consider average cost of the holding. Since one needed to hold shares to qualify for rights, must consider cost of held shares when calculating profit.
For sophs in the small raise at 0.002, 1:1 rights at 0.001 leaves them with an ave of 0.0015
Most holders who bought on market to avail themselves of rights issue paid 0.004. with 1:1 rights at 0.001 makes ave of 0.0025
So selling at 0.002 provides profit of 33% for the sophs. And v few of them are here for a mere 33% IMO.
Most OM selling has been at 0.0025-0.003
This REE is very promising IMO.
Im pleased with my position even though bought only on market and at 67% premium to the sophs.
Lets see.