Q: Hi, looking at your Feb 2021 Investor Suite, page 14.
You show an implied return of 6.7% and I'm wondering how you get that. Immediately above the 6.7 are the numbers 236.13 and 123.51 and if you divide those and take the result to the 1/10 power and subtract one you get 6.7%. Trouble is, the 236.13 is described as "Shares Outs." meaning presumably shares outstanding, which really throws me (also, the shares outstanding are actually 2.36 million according to the companies section of the 5i website which suggests you really meant to say shares outstanding). I can see the logic if you meant to say "projected share price in 10 years". Can you explain to me how you get the 6.7%? Thanks.
You show an implied return of 6.7% and I'm wondering how you get that. Immediately above the 6.7 are the numbers 236.13 and 123.51 and if you divide those and take the result to the 1/10 power and subtract one you get 6.7%. Trouble is, the 236.13 is described as "Shares Outs." meaning presumably shares outstanding, which really throws me (also, the shares outstanding are actually 2.36 million according to the companies section of the 5i website which suggests you really meant to say shares outstanding). I can see the logic if you meant to say "projected share price in 10 years". Can you explain to me how you get the 6.7%? Thanks.
