PEZ 0.00% 1.7¢ premiere eastern energy limited

Cheapest on ASX? 0.09 P/B, page-11

  1. 37,911 Posts.
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    you don't need to spend so much to average down

    for the same money you originally invested, you can buy 8 times the amount of shares for 2.5 cents. your average price will become 4.44 cents

    for example, if you bought 10,000 shares for 20 cents for $2,000, you can buy a future 80,000 shares at 2.5 cents each for $2,000 (or 100,000 shares at 2 cents each). your average price would be 4.44 cents (or 3.64 cents)

    regards
 
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Currently unlisted public company.

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