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0.00% 2.1¢ cann global limited

Thinking of investing In QBL?, page-46

  1. Tomasp
    1,311 Posts.
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    18/11/18
    15:32
    Post #: 36548339
    I was being facetious... You cannot have a decline in share price greater than 100%. If a share price falls by 100% it goes to $0.000.


    There is no change in formula, it is always (Purchase - Current)/Purchase --> using your numbers its (11 - 3.7)/11 = 66.3%


    Same thing, using imaginary numbers. If a share was purchased at $10 and currently trading at $5, it dropped by 50% not 100%.

    QBL Price at posting: 3.7¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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