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20.5¢ resapp health limited

Thanks for explaining that for me.Bigger bickies than I imagined...

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newpunta

169 Posts.

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13/09/22

20:59

Post #: 63680697
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Originally posted by gimmegimme: ↑

A profit of 0.3c on a purchase price of 20.5c is a gain of 1.4634%.

Share bought today will settle on Sept 15 and paid out by Pfizer on Sept 23, so the funds will be employed for eight days for that 1.4634% return.

But, most importantly, that equates to an annualised return of 66.8% calculated thus, 1.4634% ÷ 8 × 365 = 66.8%.

There is no fund in the world that wouldn't go for a return like that. They do a deal, employ the funds, get the return and then move onto the next deal.

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Thanks for explaining that for me.
Bigger bickies than I imagined ....... but not sure is worth the efforts and risks that need to be hedged as you guys say.
PAB will be a take-over Target in the future, is my hunch (not advice) and getting in early to make sure I have a front row seat for the action next year.
Good luck all.......... with most of your Hunches of the future

RAP Price at posting: 20.5¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

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