Wednesday, December 1, 2010

First Reits Average Price

Quantity 2lots bought
2000 x $0.955 = $1910

with every share, the shareholder is entited to purchase 1.25 share at $0.5
2000 = 2500
entitled rights = 2500 x 0.5 = 1250

Average price per share = (1250+1910)/4500= 0.703

current price 0.745-0.703= 0.042 current gain per share
0.042 x 4500 = $189


but rest assured chart nexus helps us calculate



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