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Replies to post #32614 on ERHC Energy Inc (ERHE)

Replies to #32614 on ERHC Energy Inc (ERHE)
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ac hotfries

03/15/06 1:44 PM

#32616 RE: Lickety Split #32614

Strass,

3 blocks

100% + 100% + 100% = 300%
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indigo-alien

03/15/06 1:45 PM

#32617 RE: Lickety Split #32614

"But, would like to know why 300 was in the equation."

Because percentages don't add? You've added the numerator, but not the divisor? This is grade 8 arithmetic.

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Meridian

03/15/06 1:46 PM

#32618 RE: Lickety Split #32614

3 blocks = 3 x 100%
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Meridian

03/15/06 1:46 PM

#32619 RE: Lickety Split #32614

3 blocks = 3 x 100%
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rjc2827

03/15/06 1:47 PM

#32620 RE: Lickety Split #32614

Think of there just being 2 blocks, and ERHC getting 50% of each. Some here would add the two 50% values and claim that we have 100%. This would be very mislerading.

If you took the (50+50) and divided it by (100+100) you would get 50, which does make sense.

In our case there are 3 blocks being discussed so divide by (100+100+100)

rjc