0.014 x 700% = 0.098 ........................................................... “ I think you probably meant to put a "plus" sign in your equation Doz, but nonetheless, a tick from me for at least trying. “ .................................................. What is 700% as a decimal?
Hi BottleShock , as you know I like to educate and your above claim about my above calculation where I included a multiplication rather than the “ plus “ as you state needs addressing .
Let me teach and explain in simple terms , please don’t hesitate to ask further questions , as I understand that some find percentages and fractions difficult .
Let’s convert 700% into a decimal first ,
700% = 700 =. 7 ——— 100
The answer is 7 . Now let’s insert the 7 into the calculation along with your “ plus “ 0.014 + 7 = 7.014 This is incorrect , as seven dollars at this stage for Norwood’s share price is unrealistic , some may even accuse you of over the top ramping .
Now let’s insert the 7 into the calculation with my multiplication . 0.014 x 7 = 0.098 This is the correct answer , you may have also noticed that this result will be of interest for all NOROC option holders and history shows that Norwood’s share price can achieve these massive rises in percentage .
I hope this explanation helps with your future calculations .
All in my knowledgeable opinion ......
NOR Price at posting:
1.5¢ Sentiment: None Disclosure: Held
