Here’s something for the hamish fanbois-
The math of percentages shows that as losses get larger, the return necessary to recover to break-even increases at a much faster rate. A loss of 10 percent necessitates an 11 percent gain to recover. Increase that loss to 25 percent and it takes a 33 percent gain to get back to break-even. A 50 percent loss requires a 100 percent gain to recover and an 80 percent loss necessitates 500 percent in gains to get back to where the investment value started.
Ann: Video update from Chief Investment Officer and Chairman, page-116
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Last
$10.56 |
Change
-0.130(1.22%) |
Mkt cap ! $1.816B | |||
| Open | High | Low | Value | Volume |
| $10.50 | $10.56 | $10.34 | $5.971M | 569.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1609 | $10.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.57 | 1481 | 4 |
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| Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
| MFG (ASX) Chart |