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Frontier spinoff Torque withdraws IPO

Torque Mining has pulled its initial public offering off the table after it failed to meet the minimum subscription threshold of $3 million.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 30/11/18

1 year TSR5 year TSR
480thBlack Rock Mining-28%16%
674thFrontier Resources-55%-40%
788thKin Mining-73%-23%
741 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

15/06/18
$67k Bought
10/11/17
$18k Bought
10/11/17
$18k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

322nd↓Frontier Resources$20k
326th↑Kin Mining$15k
327th-Corizon$14k
329th↓Black Rock Mining$13k
330th↓Odin Energy$13k
509 listed resources companies ranked by revenue.
Source: Morningstar

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