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Workers keep on the move

THE average employee now spends less than four years with the same organisation, according to a survey by Drake Management Consulting.

In a backlash to the downsizing of the past decade, loyalty to a single employer has dropped dramatically.

The Drake survey estimates those entering the workforce in late 1992 would have changed employers nine times by the time they were 32.

Many employers are finding it increasingly difficult to maintain long-term relationships with their clients.

The impression of a “revolving door” policy can damage their image in the eyes of the business community.

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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
thAIC Resources0%0%
484thEquatorial Resources-10%-12%
842ndDrake Resources-97%-70%
739 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

19/03/18
$50 Issued
19/03/18
$14 Issued
19/03/18
$20 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

376th↓Equatorial Resources$269
377th↓Drake Resources$260
379th-Adriatic Metals$0
380th-AIC Resources$0
510 listed resources companies ranked by revenue.
Source: Morningstar

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