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Target Energy down on project withdrawal

Shares in Balcatta-based Target Energy have fallen as the company withdraws from two gas joint ventures in the United States which is expected to save them over $2.5 million.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/12/18

1 year TSR5 year TSR
thTarget Energy-98%-75%
139thFirst Graphene22%25%
451stApollo Minerals-31%-22%
590thAfrican Energy Resources-48%-29%
784thMiddle Island Resources-77%-25%
716 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

21/12/18
$35k Bought
21/12/18
$111k Bought
28/02/17
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

115th↓Target Energy$1.1m
117th↑Apollo Minerals$1,000k
118th↑First Graphene$949k
120th↑Middle Island Resources$938k
121st↑African Energy Resources$927k
513 listed resources companies ranked by revenue.
Source: Morningstar

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