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Nairaland Forum / Nairaland / General / Business / First Bank Shares Since 2006 (273 Views)
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First Bank Shares Since 2006 by kel4soft: 2:24pm On Apr 06, 2021 |
How much will a 2006 #30k worth of shares be worth now in values. Can anyone help out. |
Re: First Bank Shares Since 2006 by Nobody: 2:34pm On Apr 06, 2021 |
It depends. Remember the bearish market affected stocks so much in 2008 which made so many shares drop way below the principal amount. So you can't really go by what you bought then but by the amount it later depreciated to after the global meltdown which I don't think is anywhere near the 30k. I'm not an expert in this. Just talking from my own experience because I bought around that period and the thing nosedived to an almost irredeemable price. Let the experts come and shed more light on it though. |
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