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82 Posts.
9
17/05/16
11:21
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Not sure if this has been corrected yet, it is calculated on a share by share basis.
Purchase of $20,000 in PIO @ $.01 = 2m shares.
Sell 400,000 shares @ $.05 = $20,000.
Therefore profit of ($.05 - $.01)*400,000 = $16,000.
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