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Sentient saves Iron Road's $40m raising

Iron Road's cornerstone shareholder, The Sentient Group, has had to take up the lion’s share of the company's $40 million entitlement issue, after existing retail shareholders subscribed for just 8 per cent of the stock on offer.

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Iron Road (IRD)

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
thJupiter Mines0%0%
109thInvictus Energy78%-31%
762ndKalia-60%15%
764thIron Road-60%-22%
739 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

11/07/16
$57k Issued
11/07/16
$4k Issued
11/07/16
$84k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

441st↓Invictus Energy$0
442nd↓Iron Road$0
444th-Jupiter Mines$0
445th↓Kalia$0
510 listed resources companies ranked by revenue.
Source: Morningstar

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