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Alkane raises $10.6m from Gandel

Alkane Resources Ltd non-executive director Ian Gandel has invested $10.6 million buying extra shares in the company, after he was required to take up a big shortfall in its $12.8 million rights issue.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/01/18

1 year TSR5 year TSR
259thFinders Resources37%7%
308thTribune Resources24%39%
359thMedusa Mining16%-38%
531stAlkane Resources-12%-15%
709 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

04/12/17
$0 Issued
04/12/17
$0 Issued
23/09/16
$0 Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

27th↑Tribune Resources$136.7m
28th↓Medusa Mining$130.0m
29th↑Alkane Resources$117.9m
30th↓Tiger Resources$113.2m
31st↑Finders Resources$98.7m
498 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Alkane Resources

173rdNicholas Earner$605k
192ndIan Chalmers$581k
244thMichael Ball$502k
Ranked by total remuneration from all listed WA companies

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