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Cape Lambert finalises $250m namesake project sale

The part sale of Leederville-based Cape Lambert Iron Ore Ltd's namesake asset to Chinese investor Ding Liguo for around $250 million won shareholder approval today, clearing the last hurdle for the company restructure.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Top 10 Shareholders

Source: Morningstar

Total Shareholder Return as at 31/07/19

1 year TSR5 year TSR
204thKalium Lakes22%
563rdProspect Resources-36%16%
702ndCape Lambert Resources-59%-32%
731 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

15/08/19
$3k Bought
21/12/18
$16k Bought
19/10/18
$10k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

61st↑Cape Lambert Resources$11.3m
68th↑Zeta Petroleum$4.1m
69th↑Kalium Lakes$4.1m
71st↑Pelican Resources$3.9m
72nd↑Prospect Resources$3.8m
487 listed resources companies ranked by revenue.
Source: Morningstar

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