Desert Energy closes IPO oversubscribed

The uranium spin-off of Perth-based gold explorer Aurora Minerals Ltd, Desert Energy Ltd, has raised the full $8 million in offer and oversubscriptions to fund exploration of its projects.


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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/08/18

1 year TSR5 year TSR
311thBulletin Resources16%53%
518thAdx Energy-13%-6%
628thAurora Minerals-31%-9%
801stTasman Resources-67%-0%
737 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$11k Bought
$14k Bought
$3k Bought
Total value as at the date of the transaction
Source: Morningstar


116th↓Tasman Resources$1.0m
118th↓Aurora Minerals$937k
119th↑Bulletin Resources$928k
120th↑Adx Energy$905k
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Aurora Minerals

474thEric Moore$189k
675thPhillip Jackson$137k
1128thTim Markwell$56k
Ranked by total remuneration from all listed WA companies

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