AVZ 0.00% 78.0¢ avz minerals limited

Running discussion on SP, page-1995

  1. 1,431 Posts.
    lightbulb Created with Sketch. 541
    Well let's agree to disagree.

    Have a look at CSL.
    Floated back in 1994 at $2.30 per share.
    After all the share buybacks/split, the adjusted entry is equivalent to $0.76

    An initial $10,000 investment in CSL would now be worth $2.1~2.2 million with about $150k+++ dividend?

    Now have a look at FMG.

    And... AVZ (15 years down the road).

    Given your comment @wombat74, anyone over 60 years old would not touch long term growth stocks but you are clearly wrong in my opinion. Look at famous world investors out there.

    You can always pass on your shares to your children/grandchildren.
 
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