HAR
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0.00% 5.5¢ haranga resources limited.

wait or is this calculation correct, apologies this is confusing...

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  1. CanadianDream
    839 Posts.
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    24/11/17
    19:42
    Post #: 29102405
    wait or is this calculation correct, apologies this is confusing

    buy 1m shares at 0.4c = $4000

    get cruched (divide by 150) = 1,000,000/150 = 6,666 shares

    with those 6,666 shares i can now apply for 15 times more at 2c = $20k shares in the raise

    so i will be left with 1,006,666 shares at a cost of 2.385 cents per share

    am i right?
    Last edited by CanadianDream: 24/11/17
    HAR Price at posting: 0.4¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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