Here’s something for the hamish fanbois-
The math of percentages shows that as losses get larger, the return necessary to recover to break-even increases at a much faster rate. A loss of 10 percent necessitates an 11 percent gain to recover. Increase that loss to 25 percent and it takes a 33 percent gain to get back to break-even. A 50 percent loss requires a 100 percent gain to recover and an 80 percent loss necessitates 500 percent in gains to get back to where the investment value started.
Here’s something for the hamish fanbois-The math of percentages...
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Last
$8.45 |
Change
0.030(0.36%) |
Mkt cap ! $1.529B | |||
| Open | High | Low | Value | Volume |
| $8.42 | $8.49 | $8.41 | $1.404M | 166.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 821 | $8.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.46 | 669 | 10 |
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| Last trade - 15.04pm 01/07/2024 (20 minute delay) ? |
| MFG (ASX) Chart |