PRU 2.43% $2.53 perseus mining limited

Ann: ORR: Board and Management Transition, page-6

  1. 859 Posts.
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    Hmm. Sort of almost. Yeah nah.

    If you're making $50 out of $100 and your income increases 10% (=$10), you're now making $60 from $110.

    Your % profit has gone from 50% to 54.5454%.

    That's assuming your "50% cost 50% profit" model ... which it isn't ... so nah, yeah, maybe ... nup.

    BUT - if you had been making 10% ($10 of $100) and the price goes up by 10% with no additional costs
    THEN - you're now making $20 from $110 = 18.18% profit

    The latter scenario is closer to reality ... so yeah maybe praps.
 
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