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$2.10 nearmap ltd

Is that how you calculate compound returns?You bought NEA in...

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01/07/21

12:35

Post #: 54205966
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Originally posted by Jonkster: ↑

not sure your point. As far as investing goes, I look at my profit from when I invest and when I sell.
I don't do this at FY dates but when I judge appropriate.
If you are talking about strength of a business, a company makes a profit one year and a loss the next it could be for many reasons, more interested in the reasons than just raw numbers. Amazon failed to make a profit for many years but was a wise investment.
Seems like lots of threads all on same subject. Could mods perhaps merge all these together - they are all on same topic no?

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Is that how you calculate compound returns?

You bought NEA in year one for $1.
In year 2, the price was $3. [return on capital is 200%]
In year 3 the thing is back at $2. [You still say your return on capital is 100%. However, that is not compounding?]

NEA Price at posting: $1.90 Sentiment: Sell Disclosure: Not Held
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