Billy
Danny 'Bedsy' Buderus
nib has done amazingly well in the time they have sponsered us.
They were a members co-operative when they first started with us, largely owned by members who had worked at the old BHP steelworks in Newcastle and were worth less than 100 million.
In 2007 they issued shares to all their members based on how long they had been enrolled and listed on the stock exchange for a market capitalisation of $442 million.
In the latest annual report they have a market capitalisation of over $3 Billion for the first time.
So in the 20+ years they have sponsered us, they have grown 30x larger as a company and have gone from a little Newcastle based business to spreading all across Australia and NZ.
They were a members co-operative when they first started with us, largely owned by members who had worked at the old BHP steelworks in Newcastle and were worth less than 100 million.
In 2007 they issued shares to all their members based on how long they had been enrolled and listed on the stock exchange for a market capitalisation of $442 million.
In the latest annual report they have a market capitalisation of over $3 Billion for the first time.
So in the 20+ years they have sponsered us, they have grown 30x larger as a company and have gone from a little Newcastle based business to spreading all across Australia and NZ.