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CTI sells eastern arm to Allied Skytrax

PERTH-LISTED transport company CTI Logistics Limited has sold its eastern States operations in Brisbane, Sydney, Melbourne and Adelaide to Allied Skytrax Pty Ltd for $8.05 million, of which $3.15 million will be paid on a deferred basis.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/06/18

1 year TSR5 year TSR
292ndCTI Logistics29%-5%
304thFinbar Group27%2%
512thJoyce Corporation-7%39%
522ndSwick Mining Services-9%-4%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

24/04/18
$12k Issued
15/11/17
$11k Bought
29/05/17
$1.6m Sold
Total value as at the date of the transaction
Source: Morningstar

Revenue

35th↓CTI Logistics$158.4m
37th↑Swick Mining Services$130.0m
38th↑Finbar Group$125.8m
40th↓Quintis$97.4m
44th↑Joyce Corporation$81.1m
239 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from CTI Logistics

128thBruce Saxild$663k
186thDavid Watson$552k
215thDavid A Mellor$510k
Ranked by total remuneration from all listed WA companies

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