Let's assume you bought your shares at IPO @ 40c and sell them now @ 30c when the SP climbed out of the 16c sinkhole from a few months back.
That will give you a loss of 10c but as you rightfully mentioned, you also received about 20c in divs over 6 years (2018-2024). (albeit unfranked)
So you'll end up with a profit of 10c (20c divs - 10c loss from sales) if you sell today.
In 6 years time you will have earned 10c/40c = 25% on your initial 40c investment, 25% / 6 years is = 4.17% p/j.
When you assume an average currency inflation rate of 3% p/j over the years it comes to 4.17% - 3 % = 1.17% p/j.
Off course there is always the possibility on strong ore prices the SP might climb back to IPO which changes the math a bit ;-)
Lets hope so.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
6 | 257699 | 16.0¢ |
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Price($) | Vol. | No. |
---|---|---|
16.5¢ | 191663 | 6 |
View Market Depth
No. | Vol. | Price($) |
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6 | 257699 | 0.160 |
18 | 1308649 | 0.155 |
16 | 1250356 | 0.150 |
5 | 853000 | 0.145 |
6 | 1101142 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 181663 | 5 |
0.170 | 355173 | 7 |
0.175 | 363130 | 4 |
0.180 | 108074 | 2 |
0.185 | 82000 | 1 |
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