Peregrine Diamonds Ltd. PGDIF

A little help

[mill44]

for people who find dealing with numbers challenging and keep talking about cheap shares as a present:
if you bought 100.000 shares before the 21c financing at an unbelievably good price of 30c - 30.000$. Full participation gave you another 100.000 shares at 21.000$. The next financing got you another 50.000 shares at 5.000$. You now have 250.000 shares for 56.000$, for an average price/sh of 22.4c. For anyone who bought after the 21c financing was announced (the only way to buy at 30c) that means 2 years of investing and they are breaking even now. They must be extatic to unload their 10c shares. For what? Zero profit?