Actually, if you bought 5000 at 39.5c and another 4500 at 17c...

  1. 1,648 Posts.
    Actually, if you bought 5000 at 39.5c and another 4500 at 17c then your average buy price is 30.4c

    The average would be 28.8c only if you had equal quantities of shares at the two buy prices.
 
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