Quoting Prophet: “Your example was about people being in front and not taking profit.”
Quoting prophet previous post : “From memory BTA listed at $0.50 per share (1985). Share price currently $1.30. Yes given annual return compounded conservative of (8% - including 3% for inflation) over that time we could have expected the share to grow to $1.61. Yes we are behind, however, look at the investment climate”.
FACTS: Assuming your data is correct, the sp increased 2.6 times from $0.50 to $1.30. An annual compound 8% over 24 years is 6.34 times! Your data indicated an annual compound of 4%. How much has the ASX increased in the 24 years? END OF PREVIOUS POST.
Prophet, Perhaps your excellent mathematical skills (second only to Peter Cook’s) allow you to praise Peter Cook whom shareholder should be grateful to because they are in front on cooked mathematics and twisted logic. LOL
BTA Price at posting:
$1.30 Sentiment: None Disclosure: Not Held
