Examples of extreme growth in SP13 Aug 2020 10:36
With all the crazy SP talk. I thought I'd have a look at one of the only companies I can think of that's made millionaires off of just £1000 invested.
For me, the only way this is possible with SYME, and also why I think we are seeing these figures online. Is there will be fund managers ready and waiting to buy this type of new security. Potentially funds just dedicated to it also in time. A great investment for a small percentage of any portfolio or pension fund. It's a completely new asset class.
It's because of this "new asset" the share price dropped so dramatically. They lunched the plan just before the biggest and quickest market crash in a very long time. Sentiment turned and people didn't think they would find a single investor. Now the Fed etc has pumped in liquidity to the markets sentiment has changed again. I think some of that liquidity could go to this new "asset class"
If you know of any other companies to add, please do!
Amazon... £1000 invested at IPO = £1.5M
Amazon had three stock splits in the late 1990s following its IPO, so all the prices mentioned below are on a split-adjusted basis.
Incredibly, Amazon’s IPO shares were priced at just $1.50. Amazon quickly made its all-time low of $1.3125 within months of its initial listing before taking off as the dot com bubble exploded. Amazon reached its dot-com bubble peak of $113 in late 1999.
When the bubble burst, Amazon lost roughly 95% of its value, trading down to as low as $5.51 by late 2001. From there, the shares took off again, eclipsing their dot com bubble highs in late 2009 and never looking back.
2020 And Beyond
Amazon hit the $1,000 mark in 2017 and reached its all-time high of 2,475 just last month.
Despite cooling down a bit since then, the popular e-commerce stock has been without a doubt one of the best IPO investments of all time.
In fact, $1,000 worth of Amazon IPO stock in 1997 would be worth more than $1.58 million today.
SYME... £1000 invested at the low of 0.0005 needs a SP of 50p.