I've just discovered PETA while browsing Havelock and am interested in learning more and possibly investing.
I did a bit of math, to see how long it would take to pay back my investment by earning dividends:
PETA Last dividend: 0.00063172 BTC/unit/week
PETA Last price: 0.07200201 BTC/unit
Weeks to recoup unit cost: 0.07200201 / 0.00063172 =~ 114 weeks = 2.2 years
Even if the dividends were to double, we are still looking at over a year. Is this calculation meaningful? Is 1 - 2 years to recoup this investment considered good, bad, or so-so? What am I not factoring in or taking into consideration? ...
I did a bit of math, to see how long it would take to pay back my investment by earning dividends:
PETA Last dividend: 0.00063172 BTC/unit/week
PETA Last price: 0.07200201 BTC/unit
Weeks to recoup unit cost: 0.07200201 / 0.00063172 =~ 114 weeks = 2.2 years
Even if the dividends were to double, we are still looking at over a year. Is this calculation meaningful? Is 1 - 2 years to recoup this investment considered good, bad, or so-so? What am I not factoring in or taking into consideration? ...
Not taking into consideration, that you own the shares, too.
You can 'mine' for some time, then sell the shares.