Maybe im dumb, but in your example doesnt that mean your avg price is 0.7 with a capital gain of 1.3 for each share times 10000.
you still hold a 25000 shares afterwards with 0.7 avg price as you did not mentioned any purchase
That is the basic concept, however i dont know whether you are allowed to use FIFO method or not. Assuming you are not, everytime u make a purchase, you need to adjust your new average price.
example:
you buy 10 share at 1 dollar and another 10 share at 2 dollar. This means your average price is 1.5 dollar ( 20 shares for 30 dollar worth)
i am no accountant though but thats how you calculate average price in general unless i misunderstood you entirely
- Forums
- Lounge
- Fund managers
Fund managers, page-1477
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, CEO
Paul Long
CEO
Previous Video
Next Video
SPONSORED BY The Market Online