21st February 2005, 10:51 AM
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Member
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Join Date: Jan 2005
Posts: 68
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Quote:
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Originally Posted by Duritz
If the LOT is 20%, and you offered 10% more than the tote, what would the new LOT be?
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A loss of 20% on turnover means that your total dividends represent 80 cents in the dollar, so increasing the average dividend by 10% means that your new total dividends represent 88 cents in the dollar. Therefore your new LOT is 12% of turnover.
Cheers,
QFB |