Hi all,
I was having a look at FMG's timeline of events as an insite into our(SDL) potential future. I think we are about where FMG was in march 2006, all prices I mention are relative to the current ie: post 1:10 split
FMG
December 2004 -March 2006 SP ~20-50c
at december 05 FMG market cap was $1.2 bil
SDL
2008 - Aug 2010 SP ~ 15c
December 2010 SP ~ 50c market cap $1.3bil
FMG
August 2006 - capital raising and debt underwritting achieved SP ~ $1.00
Dec 2006 - March 2007 - continuing offtake agreements announced SP ~ $2.40
May 2007 - SP ~ $3.85 - building momenteum through construction phase
Dec 2007 - SP reached $8.75
June 2008 - First shipment SP reached highs of $13!
Please note all SP references are equivelant to POST share split to avoid confusion.
Info sourced from FMG website, and westpac investing charts
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