IVZ 2.67% 7.7¢ invictus energy ltd

Yes this is correct!Interestingly if you take the CoS of all 7...

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    Yes this is correct!

    Interestingly if you take the CoS of all 7 horizons at 14% (easier to have them all the same) this also gives 65%

    (1 - .86*.86*.86*.86*.86*.86*.86)

    If you use the table below the probability increases to 85%:

    https://hotcopper.com.au/data/attachments/4492/4492653-5d986d7050c06adb9931b9811960eabd.jpg

    Of course this is all somewhat flawed as in reality these aren't truly independent events, for example if we hit on the first 3 its likely there will be more further down and if the first 3 come up blank it wont necessarily be a good sign for whats to come
 
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