The Bureau of Historic Losses · Counterfactual Division
What if you'd bought Pro Medicus in 2015?
A tiny Melbourne medical-imaging software house, barely above a dollar, that almost no Australian investor had heard of. Its Visage 7 platform was just beginning to win US hospital contracts — the quiet before one of the ASX's great re-ratings.
$100 on 2015-01-01, worth today
A$15,607
As of 2026-06-12, $100 of Pro Medicus bought at 2015's open (A$1.05) is worth A$15,607 — 156×.
total return · dividends reinvested · AUD
How much would $100 of Pro Medicus bought in 2015 be worth today?
| You'd have put in | You'd have now | Multiple |
|---|---|---|
| A$100 | A$15,607 | 156× |
| A$1,000 | A$156,072 | 156× |
| A$10,000 | A$1.6M | 156× |
Lump sum on the year's first trading day, total return (dividends reinvested, splits adjusted), valued at the latest close. Past performance isn't a promise — it's a taunt.
What did Pro Medicus do in 2015?
Opened
A$1.05
2015-01-01
Peaked
A$3.59
2015-11-10
Bottomed
A$1.05
2015-01-01
Closed
A$3.18
2015-12-30
Levels are dividend-adjusted, so historical figures look lower than the headline price of the day — that's the total-return lens, and it's the honest one.
Would steady buying have beaten going all in?
A$59,800 deployed as $100 a week from 2015-01-01, under four temperaments — same money, different nerves.
| All in on day one | A$9.3M |
| Steady weekly buys | A$1.1M |
| Sold dips, rebought rallies | A$852,194 |
| Traded it perfectly | A$5.1M |
“Traded it perfectly” requires knowing the future. Nobody knew the future.
The same $1,000, elsewhere
$1,000 at 2015's open, each valued at the latest close. Hindsight remains undefeated.
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