The imutual Cashback Investment Club looks set, by virtue of good fortune*, to be due, in respect of Share PLC holding the following:
Number of Share PLC Shares = 500
Price Per Share = 41p
TOTAL DUE = Number of Share PLC Shares X Price Per Share
TOTAL DUE = 500 X 41p
TOTAL DUE = 20500p
TOTAL DUE = £205.00
The Share PLC holding arithmetic is:
Buy Price = £203.50
Dividends = £12.80
Share Trade Discounts = £???**
Total Due = £205
Excluding any discounts the imutual Cashback Investment Club has made a profit of £14.30, a respectable 7% profit.
* Good fortune because the shares swung wildly and at one point our holding significantly halved in value.
** It would be worthwhile to know the value of the discounts and how well the decision worked for us at the time.