FMG 0.10% $19.17 fortescue ltd

iron ore price, page-1097

  1. 1,362 Posts.
    "at sp $2.78,they are about 100% higher than what they will be towards the end of 2015."

    "sorry look and see,but the $2.78 means that in 12 months time it could be half of $2.78,which equates to $1.39 sp.100% gain on an end of year sp $1.39 gives you todays sp of $2.78.anyway ,sorry to be so pedantic,"



    Dear Crazy,
    I was thinking that looks more like "retarded" than "pedantic"!


    If $2.78 was truly 100% higher then what it will be, then 100% lower would be $0.

    50% of $2.78 is $1.39?? SO!

    100% of $1.39 is $1.39



    pedantic
    adjective: pedantic
    excessively concerned with minor details or rules; over scrupulous.


    retarded
    adjective: retarded
    less advanced in mental, physical, or social development than is usual for one's age.
    Very foolish or stupid.



    cheers, ER6N
 
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