Correct. The maths in your first sentence is accurate. That's the simple equation of "averaging down".
But as cpan stated - to get the $1.70 via the CR, you needed to be owning shares before the cut off period. If you didn't, there is still the chance the SP will drop down to it or close to it (no one has a crystal ball).
WEB Price at posting:
$2.80 Sentiment: Hold Disclosure: Held
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