Day traders' after-market lounge June 4, page-4

  1. 13,274 Posts.
    lightbulb Created with Sketch. 730

    @Veritas2000
    Hello my dear friend.
    I am hoping you guys, or anyone can help me here please.

    I have some shares in a company, I am trying to trade a portion of them.
    Now please be kind all, I must be a bit dense here, but I just cannot figure out how to adjust the average price on selling.

    Here is an example. Holding 60,000 shares at average 40c p.s.
    Sell 25,000 at 54c p.s.

    I have read that you need to figure out which shares you are selling, from the ATO site.
    But my poor brain just doesn't get it?

    Say I paid 35c p.s.
    Can anyone do an idiot proof calculation for me please.
    Thank you.




 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.