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Luke Martino and Peter Malone. Photo: Attila Csaszar

Malone spearheads backdoor listing

Minrex Resources has agreed to a reverse takeover by private firm Skin Elements, a sunscreen and cosmetics company steered by former New Tel head Peter Malone and corporate adviser Luke Martino.

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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
3rdAusCann Holdings13483%218%
545thHazer Group-15%0%
589thCoAssets-22%0%
631stStructural Monitoring Systems-30%89%
705thSkin Elements-42%0%
709 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

166th↓CoAssets$322k
167th↓Structural Monitoring Systems$312k
168th-Skin Elements$311k
169th↑Hazer Group$281k
170th↑AusCann Holdings$260k
234 listed industrial companies ranked by revenue.
Source: Morningstar

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