AVB 0.00% 16.5¢ avanco resources limited

Tony, Am I buying a share, or a share in a business? personally...

  1. 1,004 Posts.
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    Tony,
    Am I buying a share, or a share in a business?
    personally I think the latter
    i am projecting 50 million profit from there first full year of operations
    now say I had 1.7 million shares on this company for ease of math
    i would own 1000th of the company
    which would give me $50000 per year on profit
    now I can not ring up the company and ask them to send me a cheque for $1000 per week, however I know that price is placed on earnings allow 10 times brings this figure to $500000 or 30 cents per share
    this is only for stage 1
    I get the strong feeling after every Ann, that more and more I am buying a business with revenue for the next 30 years
 
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