2 lots of the same shares at different prices

wayneL said:

Some good candidates for Federal Treasurer here.

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nathanblack said:

Yes, i can see krudd announcing average australian earns $2mil a year.

Evidence:CBA CEO earns $4mil and coles saleslady earns $30k. approx average $2mil, there for as average australian i must be earning $2mil.

or price of petrol was $.80 fifteen years ago and $1.20 now, so average price is $1 a litre.

pollies will have a field day.

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jono1887 said:

Sorry, but your mistaken... if you did read my post, it did state that the average only works when you have the same no. of shares for each purchase. In this case, there are not the same number of coles workers to CBA CEOs, hence it wouldn;t work...

However, you are still wrong anyway, the average australian would be earning $2.015Mil!! Go back to school... or learn how to use a calculator :

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nathanblack said:

Yes, i can see krudd announcing average australian earns $2mil a year.

Evidence:CBA CEO earns $4mil and coles saleslady earns $30k. approx average $2mil, there for as average australian i must be earning $2mil.

or price of petrol was $.80 fifteen years ago and $1.20 now, so average price is $1 a litre.

pollies will have a field day.

Click to expand...