RE: Sub 2p not a bargain?12 Sep 2023 13:28
Crude calcs:
If you had 10k at 10p, you'd have 100,000 shares. An 80% down position.
If you had 2k now at 2p you'd have 100,000 shares.
So you'd need 12k to break even with 200,000 shares.
That's 6p per share.
If you want an exit. That's it. Obviously the more you buy lower down the lower the exit price is.