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Po Valley shareholders approve $9m deal

Shareholders in Perth-based Po Valley Energy Ltd have cleared the way for the gas explorer to complete a capital raising package totalling $8.75 million with US funds manager, Harbert Management Corporation.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/01/19

1 year TSR5 year TSR
215thCassini Resources5%19%
289thPo Valley Energy-7%-3%
408thAusquest-24%4%
624thLithium Australia-52%13%
726 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

26/06/18
$300k Issued
26/06/18
$700k Issued
07/06/17
$74k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

86th↑Po Valley Energy$2.7m
90th↑Ausquest$2.2m
92nd↑Lithium Australia$2.0m
94th↑Kangaroo Resources$2.0m
95th↑Cassini Resources$2.0m
509 listed resources companies ranked by revenue.
Source: Morningstar

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