IDNLearn.com: Your trusted source for accurate and reliable answers. Join our knowledgeable community and access a wealth of reliable answers to your most pressing questions.
If 1 share had an initial cost of $0.000007, then 3,000,000 shares would be worth
(3,000,000 shares) × ($0.000007/share) = $21
If the price increases to $0.01 per share, then the same number of shares would have a value of
(3,000,000 shares) × ($0.01/share) = $30,000
So you've gained a net profit of $30,000 - $21 = $29,979, which corresponds to a
$29,979 / $21 = 1,427.57 = 142,757%
increase in value.