divide the total $$ spent by the total shares held = new...

  1. 2,444 Posts.
    divide the total $$ spent by the total shares held = new cost/price per share average
    eg
    buy 100 xyz shares at $1.00 on 1st july 2016 = $100
    then
    buy 100 xyz shares at $2.00 on 1st august 2016 = $200
    so
    now hold 200 xyz shares now for a total cost of $300 = $1.50 per share
 
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