If the share price was $11 at that time, $11 is now equivalent to bang on $7 share price.
Also, it is actually a 57.3% increase, not what you and the other excited guy quoted.
Also, as pointed out by JIFI, in 5 years time you would expect growth so $7 would grow to around $10 due to capital growth.
So yes it is very relevant indeed.
share price, page-25
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Last
$11.87 |
Change
0.020(0.17%) |
Mkt cap ! $3.550B | |||
| Open | High | Low | Value | Volume |
| $11.83 | $11.92 | $11.72 | $21.23M | 1.792M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 687 | $11.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.87 | 441 | 1 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| PDN (ASX) Chart |