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Triangle is spinning-out its Reids Dome project in Queensland into a separately listed entity.

Triangle to float subsidiary on ASX

Gas explorer Triangle Energy Global has announced plans to spin-out one of its subsidiaries into a new entity and float it on the ASX.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/06/18

1 year TSR5 year TSR
106thGME Resources119%45%
147thTriangle Energy Global88%-9%
711thVimy Resources-44%27%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

14/12/17
$7k Bought
11/12/17
$0 Issued
11/12/17
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

52nd↑Triangle Energy Global$16.8m
62nd↓ATC Alloys$8.8m
65th↓Vimy Resources$7.5m
70th↓Coal of Africa$5.9m
71st↓GME Resources$5.3m
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Triangle Energy Global

387thRobert Towner$250k
627thDarren Bromley$197k
1195thEdward Farrell$50k
Ranked by total remuneration from all listed WA companies

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