Just looking into this a bit further. If I were to sell my holding now with the share price of £3.28 I’d get back £330.88
FreeTrade is showing my investment is up +5.04% (around £15.87 profit)
Yet my manual calculations show just £9.93 profit
I can now see where FreeTrade is getting the +5.04% (around £15.87 profit). They are using my average price per share £3.1158. So the current cost to buy the shares using the avg. price per share is £314.70 and if I sold at the current share price I’d get back £330.88 giving a profit of £16.18.
But in reality, my overall profit should I sell this holding would be £9.93 based on my manual calculation. Like I have mentioned before this Investment gain/loss is misleading and not correct, or am I wrong - please can someone from FreeTrade clarify this ASAP as I’m pretty sure I’m not the only person using the Investment gain/loss figure.