RE: Very Bullish ! Best Oil Play Around30 Apr 2021 14:28
A multibagger is a company whose current share price increases in multiples of 100% of the original price paid by an investor. So if ADV sp is 2.5p today and you buy at that price and in 3 months times it has risen to 5p (hopefully before then) it is said to have “bagged”. If the SP increases 10 fold it is called a “10 bagger”. Rare occurrence but fantastic when it happens! Good luck with your investment here - no guarantees of success but very confident this share will multibag