GXY 0.00% $5.28 galaxy resources limited

"I am sitting at a paper loss of -$108,091.10.""my holding was...

  1. 2,774 Posts.
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    "I am sitting at a paper loss of -$108,091.10."



    "my holding was worth less than $40,000 at once point"


    Doesn't add up mate.


    @ $2.08 (lowest price) and at $40k, this would imply you have 19,230. shares ($40k/$2.08)


    Therefore, even if you had purcashed right at the top of the market ($4.54), your holding would only be worth $87,300 (19,230*$4.54)



    So how are you possible down $108,091?


    Just intrigued


 
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