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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

Total Shareholder Return as at 30/11/18

1 year TSR5 year TSR
360thCapricorn Metals-10%13%
551stKey Petroleum-37%-14%
643rdAruma Resources-50%-15%
721stForce Commodities-61%-57%
768thComet Resources-69%11%
741 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

12/10/17
$0 Issued
12/10/17
$0 Issued
18/08/17
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

187th↓Force Commodities$287k
189th↑Comet Resources$270k
190th↓Capricorn Metals$262k
192nd↑Key Petroleum$256k
193rd↓Aruma Resources$252k
509 listed resources companies ranked by revenue.
Source: Morningstar

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