bought it first when it was 30c or so and then consolidated to $1.80 and then the bad news hit - taking it down to sub 10c... was lucky to buy again in the 20c range on the way down but only a small parcel and I was on top of the queue when the tide turned - one more day of trading and my parcel of 100K buy would have got hit - still cannot get over the fact that I could have paid $1K more and got the 100K shares but the fall was so severe that I couldn't pursue SBM on the way high and then every day it would just put on 0.5c or 1c all the way to 20c ...
well, hold a few from 2009 days so happy with the returns... just wish I had pressed the buy button - with my long holding capacity, I wouldn't have sold any in the subsequent rally and would have held everything so far :-(
yes, best turn around story of my investing time - been lucky to see 6 more in the last 3 years at the same time with SBM (AAR, AUZ, JRV, BGS, QBL & ARE where I hold heaps)... SBM was my smallest holding of the lot but netted me the highest returns in % terms...
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