The line graphs shows the development of Bastillos`s share price, over the last 18 years, from beginning the year 1988 till 2006.
The horizontal axis is labelled "Year" and is marked in units of 2 years, from 1988 to 2006.
The vertical axis is labelled "Dollars" and is marked in units from 0 to 50, with divisions of half units.
In 1988 the share price stood at 10 dollars. There was a increase between 1988 and 1990 when the share price reached over 25 dollars as a result of the undervaluation of Bastillo stocks at the flotation in 1988.
This was followed by a fall between 1990 and 1992 when share price declined to 11 dollars. One reason for this decrease was poor results which the company got in this period of time.
There was a gradual growth between 1999 and 1994 when share price hit the 20 dollars mark because of the successful alliance with Houghton Ltd..
Until 1996 the figures went up slowly to 22 dollars due to the conservative measures of the management.
As a consequence of the launch of the new product range of Bastillo, share price rose significantly from 22 dollars in 1996 to a figure of 27 dollars in the year 1998.
Between 1998 and 2000 there was a dramatically jump because of the diversification of production. Therefore share price reached a peak of 58 dollars, before crashed again to under 20 dollars in 2002. In other words figures plunged by 65% as a consequence of the stock market crash.
In 2003 the patent of Bastillo expired. This led to further slow decline of 3 % in 2004. Share Price then recovered and grew rapidly to 22 dollars in 2006. As a result of the rumours of merger with the company Chanco. This will lead to a gradual improvement during the next few months. The figures seem to indicate that Bastillo recovered from the stock market crash in 2002. They are generally expected to hit the figures of 2000.
All in all the graph shows a very irregular growth over the 18 years. Nevertheless the merger with Chanco will influence the development of the Bastillo share price steeply.
