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COMB price in 1970s was around 17/- and a gentleman working as a clerk in Colombo bought 100 shares with his 6 months savings.
He had a little kid , a girl, and his wife was not doing a job. He could not continue any investment activities thereafter, due to financial commitments.
After many years, his holding in COMB rose to few 1000s ( I think about 7000 / 9000 ) because of regular 1 : 1 / 1:2 yearly bonus given at that time.
In 1990s he got retired and 2 years later, this retired clerk took his daughter's wedding in Hotel Intercontinental with the cost of 200,000/- and he gave her about 600,000/- to her as the dowry ( a very big amount at that time) ; surprising all the relatives and friends around him.
He did all this BY SELLING HIS COMB shares he bought for 1,700.00 years ago.
By SLstock
He had a little kid , a girl, and his wife was not doing a job. He could not continue any investment activities thereafter, due to financial commitments.
After many years, his holding in COMB rose to few 1000s ( I think about 7000 / 9000 ) because of regular 1 : 1 / 1:2 yearly bonus given at that time.
In 1990s he got retired and 2 years later, this retired clerk took his daughter's wedding in Hotel Intercontinental with the cost of 200,000/- and he gave her about 600,000/- to her as the dowry ( a very big amount at that time) ; surprising all the relatives and friends around him.
He did all this BY SELLING HIS COMB shares he bought for 1,700.00 years ago.
By SLstock
