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Cape Lambert in halt on Lady Annie sale

Shares in the Tony Sage-led Cape Lambert Resources have been placed in a trading halt as it prepares to offload its Lady Annie copper mine to a potential Asian buyer.

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Comments

Perth
$150 million.. Not a bad earn on an asset that they basically stole from the previous shareholders.... Maybe Cape Lambert might consider sharing the spoils with the inital shareholders who recognised the potential of the asset from an operating point of view, not as a pawn in a game of financial chess!

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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
127thSundance Resources67%-42%
181stPilbara Minerals42%130%
522ndCape Lambert Resources-15%-24%
739 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

25/09/18
$11k Bought
30/05/18
$17k Bought
13/04/18
$19k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

59th↑Sundance Resources$12.4m
60th↑Cape Lambert Resources$12.2m
62nd↑India Resources$11.4m
63rd↑Pilbara Minerals$11.3m
510 listed resources companies ranked by revenue.
Source: Morningstar

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