LKE 4.84% 5.9¢ lake resources n.l.

Ann: Quarterly Activities and cashflow Reports, page-64

  1. 244 Posts.
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    All it boils down to is:

    Percentage gain is NOT the same as multifold gain also known as multibagger.

    For those interested, there are topics on Google like this:

    If you don't know what multibaggers are, you need to learn now, because multibaggers are what you should be aiming for in your stock portfolio. A multibagger is an investment that has gained several times its original value. Each "bag" represents your entire original investment. So if you invested $5,000 in a stock and your holding is now worth $10,000, you have a two-bagger. If it continues to appreciate and is eventually worth $35,000, it's a seven-bagger. At $50,000, of course, it's a 10-bagger.

    I agree let's move on
 
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