Glad you put in IMO in you quote. I once bought into XRO (nz) @ $1.80 and bailed out @ $15.00 thinking that this share has got to turn around pretty soon. It went on to $44.00
SBM has two things going for it right now;
a/ A fantastic management team who have set in place the right changes.
b/ And the price of gold looks like it is starting to rebound.
If this ride looks like it's going to get a bit bumpy I'm going to tighten my seat belt not bail out as this puppy has a lot further to go yet. Don't look down, look up!
SBM Price at posting:
$1.33 Sentiment: Buy Disclosure: Held