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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 31/01/18

1 year TSR5 year TSR
66thVentnor Resources236%-27%
721stFrontier Resources-45%-51%
726thKalamazoo Resources-46%0%
709 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

10/11/17
$18k Bought
10/11/17
$18k Bought
25/05/17
$5k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

249th↓Australia Asia Minerals$73k
250th↑International Goldfields$72k
251st↓Frontier Resources$72k
252nd↑Ventnor Resources$71k
253rd↑Kalamazoo Resources$70k
498 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Frontier Resources

822ndPeter McNeil$151k
1263rdPeter Swiridiuk$57k
1529thPaige McNeil$25k
Ranked by total remuneration from all listed WA companies

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