Let's say you buy $10,000.00 @ .03 = 333,000 shares to make $333,000.00 @$1.00. Lets say It takes 3 years all you had to was risk $10,000 and wait. Sure it may fail and you may lose all. In the town I live a shop in the Mall costs $6,000 p/m or $72,000 p/y thats an empty shop you still need to furnish it and put in time, a lot of time and it could still fail many here have, and in one of the richest towns in SA. My point is all business can fail but for a relatively small amount and no time spent except ongoing research to protect yourself some, you could do well on the share market and is time efficient, you can still have a day job (income).
Lotto ticket $10.00 x 52 =$520 x 3 years + $1560.00 risk 4,000,000:1
SYT $1560 x 0.03 = 52,000 shares or $52,000 if in three years SP makes $1 risk ?
From Pizzas post I agree smart lad could blow that type of money on a new car in just a couple of years.
He said sorry to cut you off but I need to put another five thousand in this at these cheap prices and better hurry before other people work out what a chance this is, maybe I should put in more?
Then I said but what happens if it fails and he said;
Failure happens all the time but the biggest regret you have is when you fail to act when you see an opportunity.
Smart kid my nephew!
Good luck to all who saw this as a chance and maximised their opportunity for success!
SYT Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held
