CEL 6.67% 4.8¢ challenger gold limited

2 mothns - 200% down!!!, page-3

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    200% down - Wow!!!!

    The SP of a company could never decrease more than 100% considering it cant go negative.

    Using some basic numbers going off the chart here on hotcopper the approximate loss over the past 2 months would be 57%. I used 14 as a high and 6 as a low just as an estimate.

    So you know how to do the calculation in future you have to work out the loss and then divide it by the price you started at.

    14 ( approx high of the past 2 months) - 6 (approx low for my calc) = 8 (the loss over the last 2 months)

    8/14 = 57%

    hope that helps....




 
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