Applabs directors forced to lower Sovereign stake

Morgan Stanley Wealth Management has been appointed by the corporate watchdog to sell a portion of shares in Sovereign Gold Company held by former Applabs Technologies directors which were found to have been acquired invalidly.


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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Top 10 Shareholders

Substantial shareholders as published in the annual report.
Source: Morningstar

Total Shareholder Return as at 30/09/19

1 year TSR5 year TSR
425thResource Mining Corporation-10%25%
498thBannerman Resources-20%-8%
678thForce Commodities-50%-34%
800thTraka Resources-72%-23%
733 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$15k Bought
$0 Bought
$0 Issued
Total value as at the date of the transaction
Source: Morningstar


291st↓Force Commodities$29k
337th↓Resource Mining Corporation$3k
338th↓Bannerman Resources$2k
341st↓Traka Resources$2k
486 listed resources companies ranked by revenue.
Source: Morningstar

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