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.
Ann: ORR: Board and Management Transition, page-6
Add PRU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.33 |
Change
-0.030(1.27%) |
Mkt cap ! $3.200B | |||
| Open | High | Low | Value | Volume |
| $2.36 | $2.37 | $2.31 | $9.428M | 4.053M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 54963 | $2.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.34 | 50703 | 4 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
|
|||||
|
Last
$2.34 |
Change
-0.030 ( 0.75 %) |
||||
| Open | High | Low | Volume | ||
| $2.35 | $2.36 | $2.31 | 1125159 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| PRU (ASX) Chart |