This is all basing off the current closing price of 20cents not from the previous price.
For example at SUM 70c would mean oppies would be 45c fair value.
45/20 = 225% gain from 20c investment.
Edit: I get what you mean but for simplicity sake its easier to say you 2.25x your investment.
SUMO, page-101
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Last
25.5¢ |
Change
0.005(2.00%) |
Mkt cap ! $16.17M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 26.0¢ | 25.0¢ | $244.7K | 951.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 165076 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 76871 | 6 |
View Market Depth
| Last trade - 11.55am 12/07/2024 (20 minute delay) ? |
| SUM (ASX) Chart |