Carnegie continues Techboard run

Carnegie Wave Energy has topped Techboard’s startup ranking this fortnight, following the announcement of its acquisition of fellow cleantech Energy Made Clean (ranked second) for $13 million earlier this week.

The company had taken a 35 per cent strategic stake in its target earlier this year, and is now buying out the remaining 65 per cent through a combination of shares and cash.

Carnegie also secured a $3.69 million debt financing agreement last week. 


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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/03/17

1 year TSR5 year TSR
79thMMJ Phytotech212%0%
132ndWavenet International141%-43%
209thCarnegie Clean Energy78%11%
689thDubber Corporation-36%-7%
706 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$10k Issued
$300k Other
$300k Issued
Total value as at the date of the transaction
Source: Morningstar


128th↑MMJ Phytotech$1.1m
129th↓Carnegie Clean Energy$1.1m
131st↑Dubber Corporation$983k
132nd↑Wavenet International$903k
226 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Carnegie Clean Energy

131stMichael Ottaviano$728k
437thGrant Mooney$159k
1008thKieran O'Brien$138k
Ranked by total remuneration from all listed WA companies

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