Johnny, if you have bought more shares after the initial 0.60 you need to use the average price that your brokerage is showing in your account for this stock, not the initial 0.60.
So, average price and current number of shares are needed to calculate how many more shares you need to buy to get the current price average.
I’m in @ .60 anyone know how to figure out how much I would need to spend to average down to current PPS .?? Thank u in advance
How many at .60? In my opinion it isn't worth it. The ganif in management won't let you sell the massive amount of shares you would need to buy to average down. It the liberation of Israel depended on Bignitz we would all be speaking Arabic.