Search

Dark cloud over backdoor listings

A planned backdoor listing by technology company Yatango, which was backed by top-shelf advisers and boasted iiNet founder Michael Malone as one of its directors, has fallen through after being hit by tough market conditions and a run-in with the corporate regulator.

Login

(existing subscribers)

The password field is case sensitive.
Request new password

Comments

sydney
What needs to also be mentioned is that Yatango will still offering its prospectus with a revised date of August 14. While the official spin might have it that the minimum raising of 6 mill could not be reached, there was still a day left. And according to the prospectus that minimum had to be met within four months of the prospectus opening. It is only 6 weeks in. Something definitely fishy here

Add your comment

BNIQ sponsored byDiversus

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/12/18

1 year TSR5 year TSR
302ndLatitude Consolidated-9%-28%
390thBulletin Resources-21%82%
504thFrontier Resources-36%-39%
681stMount Burgess Mining-60%-9%
717thTamaska Oil & Gas-65%-53%
716 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

19/06/18
$43k Bought
19/06/18
$0 Bought
19/06/18
$0 Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

311th↓Latitude Consolidated$29k
318th↑Bulletin Resources$23k
319th↓Tamaska Oil & Gas$21k
321st↑Mount Burgess Mining$20k
322nd↓Frontier Resources$20k
513 listed resources companies ranked by revenue.
Source: Morningstar

BNiQ Disclaimer