The story of a male fan of IU who solely introduced LOEN Entertainment shares 12 years in the past to assist IU went viral in on-line communities.
The submit included a screenshot of the 4 shares he had in Kakao M which on the time was price 260,500 received (~$215 USD) per share, so the IU fan owned almost $1000 USD in shares.
But it wasn’t Kakao M shares that the fan purchased, however reasonably LOEN Entertainment shares from 12 years again in 2010.
At the time, 5 LOEN Entertainment shares price round 30,000 received (~$25 USD) and he cherished IU a lot throughout her “Good Day” days that he wished to know the sensation of being a shareholder of her firm.
And due to IU’s loopy success, LOEN Entertainment noticed a constant rise and later turned a subsidiary of Kakao M in 2016.
Due to the corporate shift, 5 LOEN Entertainment shares changed into 4 Kakao M shares and though it maintained a constant worth of round 100,000 received (~$83,000 USD) per share for some time, it jumped to 260,000 received(~$215 USD) per share in 2020.
As a outcome, the 30,000 received(~$25 USD) that the IU fan invested 12 years in the past changed into 1 million received (~$826 USD), which is over 30 instances the acquisition worth.
In the submit the IU fan expressed,
The shares that I purchased for 30,000 received 10 years in the past changed into 1 million received. If I had a time machine, I’d return in time to 2010 and purchase 1 million received price of LOEN shares.
— IU Fan
Whatever his revenue may be, the IU fan was absolutely rewarded for exhibiting his assist for his favourite idol!
Now that’s what you name a real fan.