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.
Hmm. Sort of almost. Yeah nah.If you're making $50 out of $100...
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Last
$2.32 |
Change
0.020(0.87%) |
Mkt cap ! $3.187B | |||
| Open | High | Low | Value | Volume |
| $2.35 | $2.35 | $2.31 | $7.913M | 3.407M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14828 | $2.31 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.32 | 72956 | 7 |
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| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$2.31 |
Change
0.020 ( 0.83 %) |
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| Open | High | Low | Volume | ||
| $2.34 | $2.35 | $2.31 | 825618 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| PRU (ASX) Chart |