A 20% price rise is not a 20% profit.
Buy 125 MTN Ghana at GHS 6.50 and you pay GHS 830.78 with fees. To walk away 20% up after selling fees, the price has to reach GHS 8.16, a 25.5% rise.
PaidGHS 6.50
Break-evenGHS 6.80
TargetGHS 8.16
Fees on the buy and the sell mean the price has to rise 4.6% from what you paid before you break even.Informational only. Not investment advice.