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Alistair Cowden will be appointed to the Copper Mountain board

Cool reaction to $93m Altona acquisition

Perth-based Altona Mining has negotiated a scrip-based takeover deal that will see the aspiring copper miner bought by Canada's Copper Mountain Mining but its shares remain well short of the 17 cents valuation of the takeover scheme.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/01/18

1 year TSR5 year TSR
108thVenturex Resources137%-14%
382ndAltona Mining11%11%
484thMEC Resources-3%-21%
709 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

25/07/16
$210k Other
25/07/16
$210k Other
01/07/16
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

488th↓Venturex Resources$0
489th↓MEC Resources-$6k
490th↓Altona Mining-$961k
498 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Altona Mining

266thAlistair Cowden$463k
267thEric Hughes$463k
1051stKevin Maloney$90k
Ranked by total remuneration from all listed WA companies

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