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Alkane to raise $12.8m for feasibility studies

Perth-based Alkane Exploration Ltd aims to raise $12.8 million through the underwritten issue of 40.1 million shares to existing shareholders on the basis of one new share for every five shares held.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 28/09/18

1 year TSR5 year TSR
110thDoray Minerals77%-12%
230thMedusa Mining29%-30%
441stGalaxy Resources-4%53%
581stAlkane Resources-27%-10%
797thBlackham Resources-69%-21%
739 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

12/09/18
$8k Bought
05/09/18
$17k Bought
25/06/18
$320k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

26th↓Medusa Mining$168.5m
27th↑Doray Minerals$159.2m
28th↑Alkane Resources$130.3m
29th↑Galaxy Resources$128.1m
30th↑Blackham Resources$125.1m
510 listed resources companies ranked by revenue.
Source: Morningstar

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