Where f = final amount s = starting amount y = number of years
f = $100 s = $1.50 y = 5 years
This computes out to be *drum roll* 131.62% Annualised.
Mate, not bad considering inflation is prob barely 1.8%, maybe less now...and a good investment is prob anything over 7% in these days. Ok cross check please? (Now I sound like a pilot)
Some of us laugh at this thread and think "Yeah right"...All those years ago when CSL first floated...did anyone actually think that one day this Commonwealth Serum Lab. would one day be the singlest LARGEST company in the country? Could that have ever been thought by anyone? I'm sure there were a couple, a handful, specially after a number of years, that considered what they actually had, the growth trajectory and what was a small possibility.
Our case is so much more clearer right now, not saying there won't be hurdles, not saying it will be a necessarily smooth path, not also saying when exactly...but we sure have real potential growth ahead of us.
DYOR
PAR Price at posting:
$1.52 Sentiment: Buy Disclosure: Held
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