Post
Topic
Board Securities
Re: Havelock Securities At A Glance: The SRS BZNZ Edition
by
NotLambchop
on 29/06/2014, 13:22:34 UTC
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His definition of "profit"  is his major error in the chart.

Which definition is that?  I even reached back into the past to include a delisted security which did show a profit.

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*** "Profit" is calculated using this formula: ((highest bid)+(Dividends paid)-(Issue price)) / (Issue price) * 100.
This number represents
not calculated due to laziness and the inevitable bickering that's sure to ensue about the meaning of "profit."
Suffice it to say none of the securities listed could be called profitable with a straight face. One, thanks for the PM.
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