400,000 > 1,143 new shares worth $11.43. If your brokerage exceeds that it'll actually cost you money to crystallize the capital loss. Look on the bright side, though, you'd have lost a lot more if you'd bought 4 million instead of 400,000.
DEALROOM
New Feature Announcement!
We’re excited to introduce the DealRoom portal, now live on site, providing users with exciting access to private equity opportunities for both pre-IPO and publicly listed companies.
See full details by selecting the new menu item named 'DealRoom' on our main menu bar or click below.
Stay ahead of the market, with HotCopper.