Apologies Nuts....:eek: @kingharris is correct :rolleyes: You...

Apologies Nuts....

@kingharris is correct

You may recall that we had an SP that got to 3.9c at one stage not all that long ago AND a lot of "new" holders secured stock between 2.4c and 3.9c.

That is why part 1 of your argument is flawed as initial buy in is absolutely relevant. You get your 3:5 shares at 1c then sell them today at 1.6-1.7c or for the sake of your argument - 2.1c.....you are still in the red my friend, just as Kingy says. All you have done is reduced your losses from your initial 2.4-3.9c entry.

There were a lucky few of us that have been in since sub 1c days and even into early 1's before they announced the CR but I would suggest most of the very recent holders are significantly red....averaged out.