SOV 6.90% 2.7¢ sovereign cloud holdings limited

Ann: FY23 Results Presentation, page-4

  1. 1,777 Posts.
    lightbulb Created with Sketch. 436
    or, alternatively, perhaps the shareholders of SOV are the type of peeps that are slow readers???
    https://hotcopper.com.au/data/attachments/5539/5539070-3e559e86129b07d41a088f79be008ca0.jpg



    the interesting bit, to me, is that when it goes up 1 cent that is a 10% increase.....
    but when it goes back down that same 1 cent it has only reduced by 9%........

    so really a holder has made 1% by not doing anything (10%-9%=1%) ..... rolleyes.png
    do that 100 times and pretty soon there is tax to be paid. confused.png

    smile.png

    Last edited by 1stPrize: 25/08/23
 
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