Say 5 years ago I was a POV. I put the standard minimum 1k retail investment in LTR. Now I make 1000x or 10m. I am Tinwin, and I sell out LTR. I put 100k of my profits in 99% down 5m market cap FGO. It doesn’t matter how risky FGO is as long as it’s cheap and has massive potential. Why? Bc I’m only using 1% of my profits. The moment I invest in FGO, I have initiated diversification strategy to reduce risk too. So FGO investment just as a risk reducing mechanism is not only worth it but free of charge. Maybe in 10 years time, it will yield Tinwin 100m instead of 10m bc of the higher initial capital outlay. Now consider the fact there may be a thousand Tinwins out there. The flow of funds from overvalued to extremely undervalued gems will be the story of the ASX that will play out for the rest of the year.
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