Re: [HAVELOCK] PETAMINE - NEW IPO, NEW HARDWARE, 1,500 TH/S HASH RATE

Question: How is the Annual yield calculated ? How do we get the ''138.71%'' ?

It's calculated based on the last dividend return and share price investment, is it not?

I you buy the share NOW, collect every week the dividend of 0.0017 and sell after 12 months your share for the price you paid NOW, you'll get a yield of 138.71%.

But you have to be able to sell for the same price as you bought and the dividend has to stay the same. Both are highly unlikely.

I think annual yield doesn't take into account selling shares after a year - just the adding of all the dividends in a year (divided with the current price, ofc).
0.00168724 *52 = 0.08773648
0.08773648 / 0.06325322 = 1.3871 = 138.71%

But if you sold one year later for less then you paid, you wouldn't have made a 138% profit, that's how I see it...

Depends what your goals are, if you want to ROI on btc then your at the mercy of peta mine, it's dividend return, and it's share market. If you want to ROI in fiat then your at the mercy of not only peta mine, it's dividend return, and it's share market, but also the bitcoin market (it's volatile value).

Now, of course If your goal is fiat ROI then even though you do less ROI in BTC you may have a large ROI in Fiat for holding BTC and selling at the right time. Mind you it could be just vice versa for ROI in fiat. .... Now, If your goals are both... then take up smoking, drinking and shove a horse shoe up your ass. Wink

... Or become a real damn good day trader. Cool