FTL firetail resources limited
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His average won’t be .25 mate as he has free shares. It will...

  1. DANNY2503
    1,658 Posts.
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    13/06/22
    08:43
    Post #: 61969535
    His average won’t be .25 mate as he has free shares. It will depend if he bought any at the IPO.

    EG. 1000 free shares from FFR spin off.
    Purchase 1000 shares at IPO at .25 total shares of 2000 divided by the cost $250
    So 2000 shares at a cost of $250 = .125 a share average cost.

    GLTAH
    DYOR
    Last edited by DANNY2503: 13/06/22
    FTL Price at posting: 34.5¢ Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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