Friday 1 November 2024
Huge congratulations to Year 10 students Alexavier Hickson (St John's), James Murphy (Parnell) and Kade Outram (Peart) for their incredible performance in the ASX Schools Sharemarket Game! The game, which teaches students about investing and the share market, saw them competing against over 100 syndicates from across New Zealand and Australia. Their team placed 1st against the New Zealand teams and were 3rd overall!
Given a virtual $50,000 to invest in ASX-listed companies, Kade, James and Alexavier managed to turn that into over $70,000 in just 26 weeks by investing in primarily mining companies, achieving an impressive 40% return (equivalent to 80% per annum).
Well done on this fantastic achievement.