PEN 1.76% 8.4¢ peninsula energy limited

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  1. 140 Posts.
    11k?

    Here's a simpler way of calculating it if you struggled with the 1st.

    $110,000 (investment) / 0.066 (SP) = 1,666,667 (shares)

    1,666,667 (shares) x 0.075 (SP) = $125,000 (market value)

    $125,000 (market value) - $110,000 (investment) = $15,000 (profit before deducting osts)

    Care to show me your workings?
 
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