Latitude to buy Yatango in $18m deal

Shares in copper miner Latitude Consolidated skyrocketed on news it plans to exit the resources sector with a proposed acquisition of consumer services technology company Yatango through a scrip deal valued at about $18 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
316thBulletin Resources-3%71%
415thLatitude Consolidated-17%-16%
642ndTamaska Oil & Gas-50%-46%
741 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

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


311th↓Latitude Consolidated$29k
315th↑Omni Market Tide$26k
316th↑Haranga Resources$26k
318th↑Bulletin Resources$23k
319th↓Tamaska Oil & Gas$21k
509 listed resources companies ranked by revenue.
Source: Morningstar

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