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1,443 Posts.
150
16/08/16
21:19
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Calculation.....
example bought GMM shares... ie 10,000
regardless of price you will get 10,000*1.65 GXY shares = 16,500
Now... regardless of current price now you will want to work out what you paid for them then (ie the cost)
Take the price you paid for your GMM shares (ie. 70c) and divide by 1.65. This is the average price per GXY share.
In this example 10,000 GMM shares @ 70c = 16,500 GXY shares @42.42c which should add up to the same $$$$$$
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