GREY:SXRZF - Post by User
Post by
mariothegemon Aug 20, 2010 9:41pm
578 Views
Post# 17370878
Let's do the math ?
Let's do the math ?So i bought in at 2.80 because after having read several write ups and after having spoken to my investment advisor I was expecting a 4.00 stock within 3 months....we are already at 3.50....but to my pleasant surprise i only read about the possible 1 dollar dividend that may materialize in Dec 2010 if control is handed over to ARMZ..Hence , the math would be as follows:
Original investment 2.80
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Capital gain(assume 4 bucks is achieved) 1.20
Dividend received by AMRZ 1.00
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TOTAL GAIN BEFORE TAX 2.20
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RATE OF RETURN BEFORE Tax 2.2/2.8 = 79%
= ===
That would be incredible...what's the risk here?