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Tanami shares fall after $11.75m rights issue

Tanami Gold has seen its share price plunge 34 per cent after announcing an $11.75 million entitlement offer underwritten by its largest shareholder, Allied Property Resources.

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Tanami Gold (TAM)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 28/02/19

1 year TSR5 year TSR
217thPanoramic Resources7%8%
319thTanami Gold-10%6%
666thGlobal Energy Ventures-56%-12%
667thEden Innovations-56%33%
674thAltura Mining-57%-5%
730 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

28/09/16
$43k Bought
27/09/16
$45k Bought
04/08/15
$49k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

101st↑Global Energy Ventures$1.3m
102nd↑Eden Innovations$1.3m
103rd↑Tanami Gold$1.3m
104th↓Panoramic Resources$1.2m
105th↑Altura Mining$1.2m
487 listed resources companies ranked by revenue.
Source: Morningstar

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