RE: Boohoo - Buy Now If You Want To Make A Million2 Jul 2020 15:05
Can’t argue with your Math , £10,000 would only buy you 2500 shares. If the share price were to reach £96 I would be delighted, but holding a share for 10 years is no guarantee of making money.
No one can predict what will will truly happen to BooHoo in the future, could be a global giant or sold off to the disadvantage of the shareholders. For example,I Have owned shares in RKH for 10 years, oil was $130 a barrel, Shares were nearly £6 ,my lot was worth £25,000, oil has since crashed and so has RKH share price, currently worth a paltry £400 and still no sign of oil .
BooHoo shares may rocket, but there is no guarantee that will happen with time. In saying that I still believe there is more chance of it rising rather than falling.GLA who hold shares.