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Orbital raises $4m through placement

Balcatta-based engineering company Orbital Corporation Ltd has raised $4 million through a share placement to fund a proposed expansion, ahead of issuing a share purchase plan to raise an additional $2 million.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/08/18

1 year TSR5 year TSR
499thOrbital Corporation-11%21%
677thInternational Equities Corporation-39%32%
815th8I Holdings-73%0%
737 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

29/05/18
$0 Issued
06/11/17
$100k Bought
12/10/17
$100k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

64th↓8I Holdings$22.9m
65th↑Orbital Corporation$22.6m
67th↑International Equities Corporation$22.2m
68th↑migme$21.5m
237 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Orbital Corporation

160thTerry Stinson$586k
29thJohn Welborn$120k
Ranked by total remuneration from all listed WA companies

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