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Iran’s threat to close the Strait of Hormuz adds to the existing pressure on oil supplies. Photo: Stockphoto

No sugar coating oil shock pain

Celebrations to mark the breakthrough in Western Australia’s long-running GST dispute might be premature because another, perhaps more economically damaging, problem has returned as a growth-blocker – an oil shock of the sort not seen since the 1970s.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 28/09/18

1 year TSR5 year TSR
219thOilex33%-39%
509thLucapa Diamond Company-13%6%
742ndTrek Metals-56%-37%
739 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

20/09/18
$0 Other
20/09/18
$0 Other
20/09/18
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

219th↓Hawkley Oil & Gas$181k
220th↓Lucapa Diamond Company$180k
222nd↑Oilex$177k
223rd↓Trek Metals$173k
510 listed resources companies ranked by revenue.
Source: Morningstar

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