When you buy a set of diversified assets, it gives you a much bigger chance of compound growth.
You buy 1 stock it can drop to zero and you are finished
You buy 100 stocks, the chances that ONE of them go up 1000x increases. The ones that go up significantly you can sell then make compound growth
Don’t underestimate the power of compound growth. 33x twice is already 1000x. The art is in making these compound returns opportunities more certain or locked in
The hard part is holding until it is 30x or 1000x. I believe punters in LTR have done pretty well holding close to 2000x. Some punters on other stocks can’t even hold for day or a 1x profit
Ann: Equity Capital Raising Presentation, page-93
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Last
67.0¢ |
Change
-0.045(6.29%) |
Mkt cap ! $1.624B | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 71.0¢ | 67.0¢ | $10.52M | 15.42M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 385809 | 66.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.5¢ | 116000 | 4 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| LTR (ASX) Chart |