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This stock has snuck under the radar despite soaring an epic 10,000% since 2017
PPK Group’s (ASX:PPK) share price has jumped a massive 10,000% in the last five years.
You read that right – 10,000%.
The company branched out from mining services into the development of Boron Nitride Nanotubes (BNNT) in partnership with Deakin University around three years ago – and boy is it paying off.
The BNNT technology basically produces a ‘fibre’ 100 times stronger than steel but as light as carbon fibre, super flexible, more thermally conductive than copper, and able to sustain high temperatures of up to 1000 degrees without degrading.
PPK executive chairman Robin Levison says the company recognised early on that the applications from aviation, automotives and aerospace to ballistic armour, defence, electronics and beyond were going to be lucrative.