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Hi I am new to this and bought shares at 950.5 and there up to 1020.0 so far with only a small amount i wanted to try and work out what profit if any there would be if i had say £20,000 in there. I cant seam to find or work the calculators online.

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Hi 

 

There are 2 ways in which you could look at your holdings to see how much profit you have made.

 

The first way would be to take the £20,000 figure and divide this by the share price of 950.5 (£9.50.5) to give you 2104 shares. You can then use the share price of 1020 (£10.20) multiplied by the amount of shares 2104 to give you £21,460.8 then minus the purchase price to reach your profit figure.

 

Alternatively a simpler way to put this would be that you are trading 2104 shares which equates to £21.04 per point (number of shares divide by 100) . Then simply multiply this figure by the difference in the 2 prices. I.e. 1020 - 950.5 = 69.5 x 21.04 = 1462.28. 

 

Hope this helps!

Thanks

 

Chris

 

 

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