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When you buy a stock there is always a possibility that it could drop 100%. But on the bright side, if you buy shares in a high quality company at the right price, you can gain well over 100%. One great example is Codan Limited (ASX:CDA) which saw its share price drive 107% higher over five years. It's also good to see the share price up 38% over the last quarter.
So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress.
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>>> Read more: Investors in Codan (ASX:CDA) have made a strong return of 141% over the past five years
So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress.
...
>>> Read more: Investors in Codan (ASX:CDA) have made a strong return of 141% over the past five years