"Do those returns factor in tax? Going backwards with cash after inflation and tax. Not going to get rich putting your money in the bank. If your already rich thats another story."
PDN share have returned -10.1% pa for the last 5 years
I don't think tax would make much difference to the outcome.
The Australian share market has returned 5.36% pa in the last 5 years whereas cash has returned 5.11% pa.
how low will it go?, page-54
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Last
$10.36 |
Change
-1.870(15.3%) |
Mkt cap ! $3.098B | |||
| Open | High | Low | Value | Volume |
| $11.26 | $11.40 | $9.52 | $115.2M | 11.29M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 20433 | $10.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.40 | 96 | 1 |
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| Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
| PDN (ASX) Chart |