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South Australian Stock Exchange Index June 2017

02

Brochure / report title goes here | Section title goes here

ContentsExecutive summary 03

Positive contributions to the Deloitte SA Index 05

Negative contributions to the Deloitte SA Index 06

Additions and removals from the Deloitte SA Index 07

Market wrap – 30 June 2017 08

South Australia’s share price performance 11

Comparison of the Deloitte SA Index and the S&P/ASX 200 Index 13

Companies included in the Deloitte SA Index as at 30 June 2017 15

Compilation of the Deloitte SA Index 19

About Deloitte 20

Contact us 21

June 2017, Issue 45 South Australian Stock Exchange Index Published quarterly by Deloitte

Brought to you by:

Stephen Adams Partner, Financial Advisory Market Leader – South Australia Tel: +61 8 8407 7025 E: [email protected]

South Australian Stock Exchange Index

03

Executive summary

Welcome to the Deloitte South Australian Stock Exchange Quarterly Index(Deloitte SA Index) for 30 June 2017.

The Deloitte SA Index is a quarterly review of South Australian stocks. It is compiled from publicly available information provided by the Australian Securities Exchange (ASX). The Deloitte SA Index is based on the market capitalisation weighted share price performance of South Australian listed companies. The impact of dividends and capital returns are excluded from the Index, which currently comprises 64 companies.

The Deloitte SA Index has increased by 1.2% over the last 12 months whilst the S&P/ASX 200, increased by 9.3% over the same period.

The S&P/ASX 200 outperformed the Deloitte SA Index in the June quarter recording a decrease of 2.4%, compared to a decrease of 3.2% by the Deloitte SA Index. Following an uplift in April, both the S&P/ASX 200 and SA Index experienced declines in May whilst remaining relatively steady in June. The absolute total market capitalisation of the state’s 64 listed companies decreased by $2.8 million, a decrease of 10.1% during the June quarter, from $27.96 billion to $25.12 billion.

Deloitte SA Index top performers in the June quarter represented a broad mix of industries, three of which have been identified as cylinders within the engine of growth for the South Australian economy. Cylinders of growth are strategic industries where Deloitte has identified South Australia has significant global growth opportunities due to a natural competitive advantage. The identified industries include Energy & Gas, Agribusiness and Health & Medical industries.

Stephen Adams Partner | Financial Advisory Market Leader – South Australia

Within the Agribusiness cylinder, Elders Limited’s share price reached a ten year high this quarter after posting positive earnings results, the acquisition of a horticultural service provider and completing the divestment of their live export logistics business.

Similarly, Clean Seas Tuna Limited released positive earnings, upgraded profit forecasts and announced expected expansion into international markets. Clean Seas Tuna Limited enjoyed a 39.4% increase in share price this quarter.

In the Energy & Gas cylinder, Cooper Energy, an oil and gas company, completed a $151 million capital raising to part fund the Sole Gas Project. The market capitalisation of Cooper Energy Limited increased by $189 million in the June quarter.

Reproductive Health Services, a developer of single cell genomic technologies within the Medical industry cylinder, saw a share price increase of 106.7% this quarter after completing asuccessful capital raising of $1.5 million and announcing positive results from independent research into the company’s patented technology.

Stephen Adams Partner | Financial Advisory Market Leader – South Australia

The top performing businesses profiled above exemplify the benefits of strong strategic direction coupled with South Australia’s natural competitive advantage in a national and global market.


04

Cylinders of growth

“Agriculture, food, wine and forestry accounted for $5.3 billion in exports for South Australia in 2016”1

“In 2016, South Australia spent $122 million on oil and gas exploration”2

“The South Australian Health and Biomedical Precinct on North Terrace is set to become one of the largest health and life sciences precincts in the southern hemisphere”3

1 Deloitte, Make it big Adelaide – Phase 1 Acknowledge (2017)2 Ibid3 Ibid


05

Positive contributions to the Deloitte SA IndexOver the last quarter, 24 of the 64 South Australian listed companies positively contributed to the Deloitte SA Index. The top three contributors to the Index during this quarter were Adelaide Brighton Limited, Argo Investments Limited and Codan Limited.

Adelaide Brighton Limited (Adelaide Brighton) was the largest positive contributor (4.4%) to the Deloitte SA Index over the quarter. Adelaide Brighton is a construction material and lime producing company, with its primary production facility located in South Australia. Adelaide Brighton continues to benefit from strong infrastructure spending and residential housing demand.

Argo Investments Limited (Argo) was the second largest positive contributor (0.7%) to the Deloitte SA Index over the quarter. Argo is a diversified listed investment company investing in Australian equities.

Codan was the third largest positive contributor (0.4%) to the Deloitte SA Index over the quarter. Codan manufactures and develops electronic products and software including radio communication and gold detection. Codan has experienced strong sales growth in FY17, including strong demand in the African market.

Table 1: Largest positive contributions to the Deloitte SA Index in the 2017 June quarter

Company Performance

Adelaide Brighton Limited 4.4%

Argo Investments Limited 0.7%

Codan Limited 0.4%

Boart Longyear Limited 0.3%

Sundance Energy Australia Limited

0.2%

Bionomics Limited 0.2%

Australian Vintage Limited 0.1%

Argo Global Listed Infrastructure Limited

0.04%

Table 2: Largest share price increases in the 2017 June quarter

Company Performance

Reproductive Health Science Limited

106.7%

Clean Seas Tuna Limited 39.4%

Southern Gold Limited 21.1%

Elders Limited 17.8%

Integrated Media Technology Limited

17.7%

Codan Limited 17.3%

Stonewall Resources Limited 13.0%

Minotaur Exploration Limited

11.1%

Source: Deloitte analysis, ASX, Capital IQ Source: Deloitte analysis, ASX, Capital IQ

On an absolute share price performance basis, the companies that recorded the largest percentage share price increases for the three months to 30 June 2017 were:

• Reproductive Health Science Limited, which increased 106.7% from $0.075 per share to $0.155 per share

• Clean Seas Tuna Limited, which increased 39.4% from $0.033 per share to $0.046 per share

• Southern Gold Limited, which increased 21.1% from $0.285 per share to $0.345 per share.


06

Negative contributions to the Deloitte SA IndexThe largest negative contributions on a market capitalisation basis to the Deloitte SA Index for the 2017 June quarter came from OZ Minerals Limited, Mayne Pharma Group Limited and Beach Energy Limited.

Table 3: Largest negative contributions to the Deloitte SA Index in the 2017 June quarter

Company Performance

OZ Minerals Limited (2.8%)

Mayne Pharma Group Limited

(2.3%)

Beach Energy Limited (1.8%)

Ramelius Resources Limited (1.1%)

SeaLink Travel Group Limited

(0.4%)

Prophecy International Holdings Limited

(0.4%)

Ellex Medical Lasers Limited (0.3%)

Santos Limited (0.3%)

Table 4: Largest share price decreases in the 2017 June quarter

Company Performance

Boart Longyear Limited (69.5%)

Maximus Resources Limited (66.7%)

Petratherm Limited (55.6%)

Havilah Resources NL (55.0%)

Mithril Resources Limited (50.0%)

Monax Mining Limited (50.0%)


(48.3%)

Archer Exploration Limited (47.8%)

The companies that recorded the largest percentage share price decreases for the 2017 June quarter were Boart Longyear Limited, Maximus Resources Limited and Petratherm Limited.

Source: Deloitte analysis, ASX, Capital IQ Source: Deloitte analysis, ASX, Capital IQ


07

Additions and removals from the Deloitte SA IndexThe following companies were added to or removed from the Deloitte SA Index during the 2017 June quarter.

Additions: Removals:

There were no additions to the Deloitte SA Index in the 2017 June quarter.1

Flinders Mines Limited exited the SA Index via change of registered office.

E&A Limited exited the SA Index after being delisted from the ASX.

1 See Note 1 on page 19


08

Market wrap – 30 June 2017

Market capitalisation

Nano cap Less than $50 million

Micro cap $50 million to $300 million

Small cap $300 million to $2 billion

Mid cap $2 billion to $10 billion

Large cap $10 billion to $200 billion

Mega cap Market capitalisation of $200 billion and greater

Companies listed in the Deloitte SA Index have been divided into the categories listed in the table below for the purposes of the quarterly market wrap.

Table 5: Major movements in market capitalisation in each category

Increases ($m)

Jun 2017 ranking

Mar 2017 ranking

Company name Market cap Jun 2017

% change in share price

% change in market cap

Mid cap 2 2 Argo Investments Limited 5,318.5 1.7% 1.7%

Small cap

8 14 Cooper Energy Limited 433.3 2.7% 77.4%7 7 Elders Limited 609.1 17.8% 17.8%9 10 Codan Limited 414.9 17.3% 17.3%12 11 Highfield Resources Limited 316.1 1.1% 3.2%

Micro cap

24 30 Clean Seas Tuna Limited 63.2 39.4% 39.4%

21 26Kangaroo Island Plantation Timbers Limited

83 (19.8%) 36.0%

26 32 Stonewall Resources Limited 54.5 13.0% 22.1%19 23 Australian Vintage Limited 117.1 (6.6%) 7.4%13 13 Argo Global Listed Infrastructure Limited 265.6 6.9% 7.0%

Nano cap

46 56 Reproductive Health Science Limited 13.9 106.7% 134.6%44 48 Southern Gold Limited 16.3 21.1% 23.4%45 47 Integrated Media Technology Limited 15.9 17.7% 17.7%43 45 Minotaur Exploration Limited 17 11.1% 11.1%54 61 MGM Wireless Limited 4.3 7.7% 7.7%


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Decreases ($m)

Jun 2017 ranking

Mar 2017 ranking

Company name Market cap Jun 2017

% change in share price

% change in market cap

Mid cap1 1 Santos Limited 6,312.2 (20.3%) (20.3%)4 4 OZ Minerals Limited 2,213.0 (5.4%) (5.4%)3 3 Adelaide Brighton Limited 3,661.0 (0.9%) (0.8%)

Small cap

6 6 Beach Energy Limited 1,077.4 (28.1%) (28.1%)5 5 Mayne Pharma Group Limited 1,641.2 (23.9%) (23.5%)10 8 SeaLink Travel Group Limited 411.7 (6.7%) (6.7%)11 9 Terramin Australia Limited 346 (2.6%) (2.6%)

Micro cap

25 21 Havilah Resources NL 56.5 (55.0%) (52.9%)22 19 Sundance Energy Australia Limited 77.7 (48.3%) (48.2%)18 18 Iron Road Limited 118.6 (32.7%) (32.7%)20 22 Beston Global Food Company Limited 99.7 (13.5%) (13.5%)14 12 Ramelius Resources Limited 237 (11.8%) (11.5%)

Nano cap

36 24 Boart Longyear Limited 23.9 (69.5%) (69.3%)57 54 Maximus Resources Limited 2.9 (66.7%) (61.0%)63 64 Petratherm Limited 1.2 (55.6%) (55.6%)59 58 Mithril Resources Limited 2.5 (50.0%) (50.0%)61 59 Monax Mining Limited 2.3 (50.0%) (50.0%)

($m)Market Capitalisation of Deloitte SA Index as at 31 March 2017 27,958 Total inclusions -

Total removals (228)New SA inclusions/(removals) for June 2017 quarter (228)

Major increases(Δ > +$20 million)

Cooper Energy Limited 189.0Elders Limited 92.2Argo Investments Limited 90.1Codan Limited 61.3

Kangaroo Island Plantation Timbers 21.9

Major decreases(Δ < -$20 million)

Santos Limited (1,604.2)Mayne Pharma Group Limited (504.1)Beach Energy Limited (421.2)OZ Minerals Limited (125.4)

Sundance Energy Australia Limited (72.2)Havilah Resources Ltd (63.5)Iron Road Limited (57.6)Boart Longyear Limited (53.9)Ramelius Resources Limited (30.7)Sealink Travel Group Ltd (29.3)Adelaide Brighton Limited (29.0)

Other movements (71)

Total increase/(decrease) (2,607)

Market Capitalisation of Deloitte SA Index as at 30 June 2017 25,123

Table 6: Major movements in market capitalisation for the three months ended 30 June 2017

Source: Deloitte analysis, ASX, Capital IQ



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Table 7: Market capitalisation by industry as at 30 June 2017

Industry Number of companies

Jun 2017 ($m)

Mar 2017 ($m)

Movement in quarter

($m)

% of Index

% Change last 3

months

% Change last 6

months

% Change last 12

months

% Change since

Jun 2005

Capital goods 2 50 113 (63) 0.2% (55.7%) (67.0%) (57.6%) (93.6%)

Consumer services 1 412 441 (29) 1.6% (6.7%) (11.3%) (0.2%) –

Diversified financials 3 5,684 5592 92 22.6% 1.6% 2.7% 4.8% 119.5%

Energy 8 7,913 9,827 (1,914) 31.5% (19.5%) (23.0%) (17.1%) 12.7%

Food beverage and tobacco 3 789 671 118 3.1% 17.6% 27.4% 55.5% (52.9%)

Health care equipment and services

6 304 324 (20) 1.2% (6.2%) (17.6%) 70.5% 1,845.6%

Materials 30 7,339 7,907 (569) 29.2% (7.2%) (2.1%) 10.5% 412.4%

Media 1 16 13 2 0.1% 17.7% 42.9% 11.1% –

Pharmaceuticals, biotechnology and life sciences

2 1,834 2,326 (492) 7.3% (21.2%) (15.8%) 28.0% 2,328.8%

Real estate 1 20 21 (1) 0.1% (4.0%) (15.8%) (0.4%) (83.7%)

Semiconductors and semiconductor equipment

1 37 44 (7) 0.1% (15.0%) (22.7%) (24.4%) (9.0%)

Software and services 3 46 49 (3) 0.2% (5.8%) (24.1%) (41.9%) (31.4%)

Technology hardware and equipment 1 415 354 61 1.7% 17.3% 15.9% 98.4% 79.7%

Transportation 1 195 208 (13) 0.8% (6.2%) 0.7% 22.9% (7.5%)

Utilities 1 70 68 1 0.3% 1.9% 9.0% – (91.9%)

Total 64 25,123 27,958 (2,835) 100.0% (10.1%) (9.8%) 1.4% 44.3%



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South Australia’s share price performance

Figure 3: Yearly performance to 30 June 2017, top eight gains


Figure 1: Monthly performance to 30 June 2017, top eight gains


Figure 2: Quarterly performance to 30 June 2017, top eight gains


0% 10% 20% 30% 40%

Marmota Energy Limited

Southern Gold Limited


Clean Seas Tuna Limited

Pepinnini Minerals Limited

Hillgrove Resources Limited

MGM Wireless Limited

Bionomics Limited

0% 20% 40% 60% 80% 100% 120%

Reproductive Health Science Limited

Clean Seas Tuna Limited

Southern Gold Limited

Elders Limited

Integrated Media Technology Limited

Codan Limited

Stonewall Resources Limited


0% 50% 100% 150% 200% 250%

Core Exploration Limited

Stonewall Resources Limited

Codan Limited

Cooper Energy Limited

LBT Innovations Limited

Iron Road Limited

Terramin Australia Limited

Alcidion Group Limited


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Figure 4: Monthly performance to 30 June 2017, bottom eight




Figure 5: Quarterly performance to 30 June 2017, bottom eight

Figure 6: Yearly performance to 30 June 2017, bottom eight

(50%) (40%) (30%) (20%) (10%) 0%

Havilah Resources NL

Mithril Resources Limited

Iron Road Limited

Archer Exploration Limited

Boart Longyear Limited

Tychean Resources Limited

Monax Mining Limited

Maximus Resources Limited

(80%) (70%) (60%) (50%) (40%) (30%) (20%) (10%) 0%

Archer Exploration Limited



Mithril Resources Limited

Havilah Resources NL

Petratherm Limited



(80%) (60%) (40%) (20%) 0%

UraniumSA Limited

Tychean Resources Limited

Prophecy International Holdings Limited



Andromeda Metals Limited

Petratherm Limited



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Comparison of the Deloitte SA Index and the S&P/ASX 200 IndexThe S&P/ASX 200 outperformed the Deloitte SA Index during the three months to 30 June 2017. The Deloitte SA Index decreased by 3.2%, compared to the S&P/ASX 200, which decreased by 2.4%.

The largest positive contributions to the Deloitte SA Index for the quarter were a 4.4% increase by Adelaide Brighton Limited and a 0.7% increase by Argo Investments Limited.

The largest negative contributions on a market capitalisation basis to the Deloitte SA Index for the quarter came from OZ Minerals Limited, which decreased by 2.8%, and a decrease of 2.3% from Mayne Pharma Group Limited.

For the six months to 30 June 2017, the S&P/ASX 200 outperformed the Deloitte SA Index, recording an increase of 1.0% compared to a decrease of 6.2% for the Deloitte SA Index.

Table 8: Percentage change in major indices

Figure 7: Percentage change to 30 June 2017 – Deloitte SA Index vs. S&P/ASX 200 Index

Index nameLast 12 months

Last 6 months

Last 5 months

Last 4 months

Last 3 months

Last 2 months

Last month

Deloitte SA Index 1.2% (6.2%) (4.0%) (4.9%) (3.2%) (3.9%) 0.2%

S&P/ASX 200 9.8% 2.7% 3.5% 1.9% (0.8%) (1.8%) 1.6%



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For the twelve months to 30 June 2017, the S&P/ASX 200 outperformed the Deloitte SA Index, recording an increase of 9.3% compared to an increase of 1.2% for the Deloitte SA Index.


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Figure 8: Percentage change to 30 June 2017 – Deloitte SA Index (including Santos) vs. Deloitte SA Index (excluding Santos) vs. S&P/ASX 200 Index


Figure 9: Percentage change to 30 June 2017 – Deloitte SA Energy & Resources Index vs. S&P/ASX 200 Index


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Companies included in the Deloitte SA Index as at 30 June 2017Table 9: Constituents of the Deloitte SA Index ranked by share price performance during the 2017 June quarter

Rank Code Company Share price Jun 2017

($)

Share price Mar 2017

($)

Change ($)

Change (%)

High price 12m ($)

Low price 12m ($)

1 RHS Reproductive Health Science Limited 0.16 0.08 0.1 106.7% 0.29 0.05

2 CSS Clean Seas Tuna Limited 0.05 0.03 0.0 39.4% 0.05 0.03

3 SAU Southern Gold Limited 0.35 0.29 0.1 21.1% 0.46 0.24

4 ELD Elders Limited 5.35 4.54 0.8 17.8% 5.60 3.43

5 ITL Integrated Media Technology Limited 6.00 5.10 0.9 17.7% 6.12 5.10

6 CDA Codan Limited 2.34 2.00 0.3 17.3% 2.56 1.06

7 SWJ Stonewall Resources Limited 0.03 0.02 0.0 13.0% 0.03 0.01

8 MEP Minotaur Exploration Limited 0.08 0.07 0.0 11.1% 0.14 0.06

9 MWR MGM Wireless Limited 0.49 0.46 0.0 7.7% 0.91 0.35

10 ALI Argo Global Listed Infrastructure Limited 1.85 1.73 0.1 6.9% 1.93 1.62

11 BNO Bionomics Limited 0.40 0.38 0.0 6.7% 0.50 0.23

12 COE Cooper Energy Limited 0.38 0.37 0.0 2.7% 0.44 0.20

13 D2O Duxton Water Limited 1.09 1.07 0.0 1.9% 1.10 0.96

14 ARG Argo Investments Limited 7.67 7.54 0.1 1.7% 7.89 7.11

15 HFR Highfield Resources Limited 0.96 0.95 0.0 1.1% 1.54 0.85

16 VXL Valence Industries Limited 0.12 0.12 - - 0.12 0.12

17 ABC Adelaide Brighton Limited 5.63 5.68 0.0 (0.9%) 6.06 4.90

18 HGO Hillgrove Resources Limited 0.08 0.08 0.0 (1.2%) 0.14 0.04

19 CXO Core Exploration Limited 0.07 0.08 0.0 (1.3%) 0.15 0.02

20 TZN Terramin Australia Limited 0.19 0.20 0.0 (2.6%) 0.21 0.08

21 PRO Prophecy International Holdings Limited 0.51 0.52 0.0 (2.9%) 1.29 0.43

22 ELX Ellex Medical Lasers Limited 1.07 1.10 0.0 (3.2%) 1.62 0.96

23 AXI Axiom Properties Limited 0.05 0.05 0.0 (4.0%) 0.06 0.05

24 OZL OZ Minerals Limited 7.41 7.83 (0.4) (5.4%) 10.08 5.61

25 MX1 Micro-X Limited 0.46 0.49 0.0 (6.1%) 0.58 0.29

26 KSC K & S Corporation Limited 1.60 1.71 (0.1) (6.2%) 1.73 1.21

27 AVG Australian Vintage Limited 0.43 0.46 0.0 (6.6%) 0.59 0.42

28 SLK SeaLink Travel Group Limited 4.07 4.36 (0.3) (6.7%) 4.84 3.63

29 KOV Korvest Limited 2.36 2.53 (0.2) (6.7%) 2.85 1.99

30 ALC Alcidion Group Limited 0.07 0.07 0.0 (6.8%) 0.15 0.04

31 RMS Ramelius Resources Limited 0.45 0.51 (0.1) (11.8%) 0.75 0.37

32 BFC Beston Global Food Company Limited 0.23 0.26 0.0 (13.5%) 0.52 0.18


16

Rank Code Company Share price Jun 2017

($)

Share price Mar 2017

($)

Change ($)

Change (%)

High price 12m ($)

Low price 12m ($)

33 LGD Legend Corporation Limited 0.17 0.20 0.0 (15.0%) 0.25 0.17

34 AJJ Asian American Medical Group Limited 0.1 0.12 0.0 (16.7%) 0.13 0.09

35 CXM Centrex Metals Limited 0.06 0.07 0.0 (17.1%) 0.07 0.06

36 IVR Investigator Resources Limited 0.03 0.04 0.0 (18.9%) 0.07 0.02

37 GOO Gooroo Ventures Limited 0.15 0.19 0.0 (18.9%) 0.27 0.14

38 KPT Kangaroo Island Plantation Timbers Limited 2.03 2.53 (0.5) (19.8%) 2.89 1.65

39 PPY Papyrus Limited 0.00 0.01 0.0 (20.0%) 0.01 0.00

40 RXM Rex Minerals Limited 0.06 0.07 0.0 (20.0%) 0.08 0.04

41 STO Santos Limited 3.03 3.80 (0.8) (20.3%) 5.07 2.87

42 MEU Marmota Energy Limited 0.02 0.02 0.0 (21.1%) 0.03 0.01

43 THR Thor Mining PLC 0.02 0.02 0.0 (21.1%) 0.03 0.01

44 LBT LBT Innovations Limited 0.26 0.33 (0.1) (21.5%) 1.09 0.16

45 LSN Lawson Gold Limited 0.05 0.07 0.0 (21.5%) 0.08 0.04

46 USA UraniumSA Limited 0.01 0.01 0.0 (22.2%) 0.02 0.01

47 MYX Mayne Pharma Group Limited 1.09 1.43 (0.3) (23.9%) 2.11 0.99

48 MGT Magnetite Mines Limited 0.04 0.05 0.0 (23.9%) 0.08 0.03

49 BPT Beach Energy Limited 0.58 0.80 (0.2) (28.1%) 0.94 0.51

50 RNU Renascor Resources Limited 0.02 0.02 0.0 (30.4%) 0.06 0.02

51 IRD Iron Road Limited 0.18 0.26 (0.1) (32.7%) 0.32 0.10

52 ADN Andromeda Metals Limited 0.01 0.01 0.0 (40.0%) 0.02 0.01

53 LCK Leigh Creek Energy Limited 0.11 0.19 (0.1) (42.1%) 0.25 0.10

54 TYK Tychean Resources Limited 0.00 0.01 0.0 (42.9%) 0.02 0.00

55 PNN Pepinnini Minerals Limited 0.02 0.03 0.0 (44.8%) 0.04 0.01

56 PNX PNX Metals Limited 0.01 0.02 0.0 (47.4%) 0.04 0.01

57 AXE Archer Exploration Limited 0.04 0.07 0.0 (47.8%) 0.09 0.04

58 SEA Sundance Energy Australia Limited 0.06 0.12 (0.1) (48.3%) 0.24 0.06

59 MOX Monax Mining Limited 0.01 0.01 0.0 (50.0%) 0.03 0.01

60 MTH Mithril Resources Limited 0.00 0.01 0.0 (50.0%) 0.01 0.00

61 HAV Havilah Resources NL 0.32 0.70 (0.4) (55.0%) 0.87 0.29

62 PTR Petratherm Limited 0.01 0.03 0.0 (55.6%) 0.05 0.01

63 MXR Maximus Resources Limited 0.00 0.00 0.0 (66.7%) 0.01 0.00

64 BLY Boart Longyear Limited 0.03 0.08 (0.1) (69.5%) 0.19 0.03



17

Table 10: Constituents of the Deloitte SA Index ranked by market capitalisation as at 30 June 2017

Rank Jun

2017

Rank Jun

2016

Code Company Market cap

Jun 2017 ($m)

Market Cap June

2016

Change ($m)

Change (%)

Last price

($)

High price 12m ($)

Low price 12m ($)

1 1 STO Santos Limited 6,312.2 8,235.1 (1,923.0) (23.4%) 3.03 5.07 2.87

2 2 ARG Argo Investments Limited 5,318.5 5,009.7 308.8 6.2% 7.67 7.89 7.11

3 3 ABC Adelaide Brighton Limited 3,661.0 3,618.6 42.5 1.2% 5.63 6.06 4.90

4 4 OZL OZ Minerals Limited 2,213.0 1,707.1 505.9 29.6% 7.41 10.08 5.61

5 5 MYX Mayne Pharma Group Limited 1,641.2 1,296.1 345.1 26.6% 1.09 2.11 0.99

6 6 BPT Beach Energy Limited 1,077.4 1,135.0 (57.6) (5.1%) 0.58 0.94 0.51

7 9 ELD Elders Limited 609.1 338.8 270.3 79.8% 5.35 5.60 3.43

8 19 COE Cooper Energy Limited 433.3 93.6 339.7 363.1% 0.38 0.44 0.20

9 12 CDA Codan Limited 414.9 209.1 205.8 98.4% 2.34 2.56 1.06

10 8 SLK SeaLink Travel Group Limited 411.7 412.7 (1.0) (0.3%) 4.07 4.84 3.63

11 11 TZN Terramin Australia Limited 346.0 215.5 130.5 60.6% 0.19 0.21 0.08

12 7 HFR Highfield Resources Limited 316.1 427.4 (111.3) (26.0%) 0.96 1.54 0.85

13 10 ALI Argo Global Listed Infrastructure Limited 265.6 262.6 3.0 1.2% 1.85 1.93 1.62

14 13 RMS Ramelius Resources Limited 237.0 206.7 30.3 14.7% 0.45 0.75 0.37

15 14 KSC K & S Corporation Limited 195.3 159.0 36.4 22.9% 1.60 1.73 1.21

16 16 BNO Bionomics Limited 192.6 137.1 55.5 40.5% 0.40 0.50 0.23

17 18 ELX Ellex Medical Lasers Limited 129.0 109.0 20.0 18.4% 1.07 1.62 0.96

18 23 IRD Iron Road Limited 118.6 65.2 53.4 81.9% 0.18 0.32 0.10

19 17 AVG Australian Vintage Limited 117.1 131.2 (14.1) (10.7%) 0.43 0.59 0.42

20 15 BFC Beston Global Food Company Limited 99.7 148.9 (49.2) (33.0%) 0.23 0.52 0.18

21 30 KPTKangaroo Island Plantation Timbers Limited

83.0 27.5 55.5 201.7% 2.03 2.89 1.65

22 24 SEA Sundance Energy Australia Limited 77.7 62.7 15.0 23.9% 0.06 0.24 0.06

23 - D2O Duxton Water Limited 69.7 - 69.7 - 1.09 1.10 0.96

24 28 CSS Clean Seas Tuna Limited 63.2 37.6 25.6 68.1% 0.05 0.05 0.03

25 25 HAV Havilah Resources NL 56.5 62.2 (5.7) (9.1%) 0.32 0.87 0.29

26 35 SWJ Stonewall Resources Limited 54.5 17.4 37.1 213.9% 0.03 0.03 0.01

27 - MX1 Micro-X Limited 53.5 - 53.5 - 0.46 0.58 0.29

28 38 ALC Alcidion Group Limited 41.9 14.8 27.2 184.2% 0.07 0.15 0.04

29 27 LGD Legend Corporation Limited 37.1 49.1 (12.0) (24.4%) 0.17 0.25 0.17

30 26 LCK Leigh Creek Energy Limited 36.6 50.5 (14.0) (27.6%) 0.11 0.25 0.10

31 36 LBT LBT Innovations Limited 35.7 16.7 19.0 114.1% 0.26 1.09 0.16

32 22 PRO Prophecy International Holdings Limited 32.3 73.3 (41.0) (55.9%) 0.51 1.29 0.43


18

Rank Jun

2017

Rank Jun

2016

Code Company Market cap

Jun 2017 ($m)

Market Cap June

2016

Change ($m)

Change (%)

Last price

($)

High price 12m ($)

Low price 12m ($)

33 29 AJJ Asian American Medical Group Limited 29.8 29.8 0.0 - 0.10 0.13 0.09

34 51 CXO Core Exploration Limited 27.9 6.0 21.9 367.5% 0.07 0.15 0.02

35 31 KOV Korvest Limited 26.2 24.0 2.2 9.1% 2.36 2.85 1.99

36 20 BLY Boart Longyear Limited 23.9 84.4 (60.5) (71.7%) 0.03 0.19 0.03

37 32 VXL Valence Industries Limited 22.9 22.9 - - 0.12 0.12 0.12

38 34 AXI Axiom Properties Limited 20.2 20.3 (0.1) (0.4%) 0.05 0.06 0.05

39 54 MGT Magnetite Mines Limited 19.1 4.8 14.3 297.0% 0.04 0.08 0.03

40 42 HGO Hillgrove Resources Limited 19.1 10.5 8.6 81.3% 0.08 0.14 0.04

41 33 CXM Centrex Metals Limited 18.3 20.5 (2.2) (10.8%) 0.06 0.07 0.06

42 37 IVR Investigator Resources Limited 17.6 15.7 1.8 11.7% 0.03 0.07 0.02

43 40 MEP Minotaur Exploration Limited 17.0 13.2 3.8 29.1% 0.08 0.14 0.06

44 43 SAU Southern Gold Limited 16.3 10.1 6.3 62.3% 0.35 0.46 0.24

45 39 ITL Integrated Media Technology Limited 15.9 14.3 1.6 11.1% 6.00 6.12 5.10

46 47 RHS Reproductive Health Science Limited 13.9 8.0 6.0 75.0% 0.16 0.29 0.05

47 41 RXM Rex Minerals Limited 12.3 11.2 1.1 9.8% 0.06 0.08 0.04

48 - GOO Gooroo Ventures Limited 9.2 - 9.2 - 0.15 0.27 0.14

49 50 MEU Marmota Energy Limited 7.8 7.0 0.7 10.6% 0.02 0.03 0.01

50 46 PNN Pepinnini Minerals Limited 7.7 8.4 (0.6) (7.7%) 0.02 0.04 0.01

51 52 RNU Renascor Resources Limited 7.7 5.7 2.0 35.8% 0.02 0.06 0.02

52 45 PNX PNX Metals Limited 7.4 9.1 (1.7) (18.9%) 0.01 0.04 0.01

53 48 AXE Archer Exploration Limited 4.9 7.9 (3.0) (37.8%) 0.04 0.09 0.04

54 53 MWR MGM Wireless Limited 4.3 5.6 (1.3) (23.8%) 0.49 0.91 0.35

55 63 THR Thor Mining PLC 3.8 1.5 2.3 146.9% 0.02 0.03 0.01

56 60 LSN Lawson Gold Limited 3.1 2.1 1.0 47.3% 0.05 0.08 0.04

57 61 MXR Maximus Resources Limited 2.9 1.9 1.0 51.7% 0.00 0.01 0.00

58 49 ADN Andromeda Metals Limited 2.7 7.4 (4.8) (64.3%) 0.01 0.02 0.01

59 56 MTH Mithril Resources Limited 2.5 3.4 (0.9) (25.2%) 0.00 0.01 0.00

60 57 USA UraniumSA Limited 2.4 3.4 (1.0) (28.0%) 0.01 0.02 0.01

61 55 MOX Monax Mining Limited 2.3 3.6 (1.4) (37.2%) 0.01 0.03 0.01

62 59 TYK Tychean Resources Limited 1.3 2.6 (1.2) (47.7%) 0.00 0.02 0.00

63 58 PTR Petratherm Limited 1.2 3.1 (1.9) (61.3%) 0.01 0.05 0.01

64 62 PPY Papyrus Limited 0.8 1.6 (0.8) (48.2%) 0.00 0.01 0.00



19

Compilation of the Deloitte SA IndexCompilation of the Deloitte SA Index The quarterly Deloitte SA Index is compiled from publicly available information provided by the ASX on the share prices and market capitalisation of each South Australian listed company.

A company is included on the Deloitte SA Index if its registered office is in South Australia. Dual-listed companies are not included in the Deloitte SA Index. The information on South Australian listed companies is extracted to provide a market capitalisation weighted share price index for all South Australian companies broadly in line with the methodology adopted for the compilation of the S&P/ASX 200 Index. The impact of dividends and capital returns has been excluded from the Deloitte SA Index.

The base period of the Deloitte SA Index is 30 June 2005, and for the purposes of the Index this month is given a notional value of one. Please note, if a company has been delisted during a particular period, no data will be included for that month and all subsequent months until the company is relisted. Historical information regarding the company will continue to be included in the calculation of the Deloitte SA Index.

About Deloitte AdelaideAs one of Australia's leading professional services firms, Deloitte Touche Tohmatsu and its affiliates provide audit, tax, consulting and financial advisory services through approximately 6,000 people across the country. We have expertise that spans across industry sectors including automotive; consumer business; energy and resources; financial services; government services; life sciences and health care; manufacturing;

real estate; and technology, media and telecommunications. Focused on the creation of value and growth, and known as an employer of choice for innovative human resources programs, we are dedicated to helping our clients and our people excel. Our professionals are dedicated to strengthening corporate responsibility, building public trust, and making a positive impact in their communities.

Our Adelaide practice continues to grow with over 220 dedicated personnel including 19 partners. We provide high quality service to our clients throughout South Australia, delivering seamless solutions and the insights that they need to address their most complex business challenges. The strong performance culture of the Adelaide office is attributed to Deloitte’s seven Signals, representing who we are and how we do business.

Disclaimer of liabilityThis Index has been prepared as general information only and does not consider the specific objectives, situation or needs of anyone; including any member of its target audience. You should not rely on the information in the Index or disclose it or refer to it in any document.

Deloitte does not accept any duty of care or liability to anyone regarding this Index or any of its content and we are not responsible to anyone for any loss suffered inc onnection with the use of this index or any of its content. We make no representation or warranty about the accuracy of the information in the Index. Circumstances might have changed since the date this Index was prepared.

For more information regarding the Deloitte SA Index, please contact:Stephen Adams Partner Financial Advisory T: +61 8 8407 7025 E: [email protected]

Kathryn Fritz Analyst Financial Advisory T: +61 8 8407 7128 E: [email protected]

Emily Easling Analyst Financial Advisory T: +61 8 8407 7090 E: [email protected]

Note 1Micro-X Limited’s registered office moved to South Australia in August 2016. Data for Micro-X has been included retrospectively in the June Edition of the SA Index

mailto:[email protected]


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About Deloitte

13 | Issue 145 - Western Australian Stock Exchange Index

About Deloitte

Our Signals

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Talk straightWhen we talk, it’s open, regular, honest, constructive two-way communication between our people and our clients.

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At Deloitte, we live and breathe our culture. Our internationally experienced professionals strive to deliver seamless, consistent services wherever our clients operate.

Our mission is to help our clients and our people excel.

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Our signalsContinuously grow and improveWe have an environment that respects the individual, rewards achievements, welcomes change and encourages a lifetime of learning – with ourselves and our clients.

Have fun and celebrateThere is never a wrong time to celebrate and have fun – recognising, appreciating, acknowledging and learning from the experiences and success shared between our client and Deloitte teams.

Aim to be famousWe aim to reach for the stars – and beyond.

To be thought leaders, showcasing our clients and our team’s talent and expertise.

Play to winThink globally – Winning is our stated objective.

It is also our state of mind.

Talk straightWhen we talk, it’s open, regular, honest, constructive two-way communication between our people and our clients.

Empower and trustWe encourage a sense of ownership and pride by giving responsibility and delegating authority.

Recruit and retain the bestOur people are talented, enthusiastic, self-starters, team players who are bursting with potential. They are people with whom we have a lifetime association.

Our culture – our essenceCulture at Deloitte does not just happen – we work at it. It’s the sum total of the actions of our people, it’s the way we treat others – it’s the way we behave. Our seven Signals embody these values. Our passion for teamwork and exceptional client service is our point of difference.

At Deloitte, we live and breathe our culture. Our internationally experienced professionals strive to deliver seamless, consistent services wherever our clients operate.

Our mission is to help our clients and our people excel.


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Please feel free to contact any of the following to discuss how we can achieve your goals:

Stephen Adams Partner – Financial Advisory Market Leader – South Australia T: +61 8 8407 7025 E: [email protected]

David Egan Partner – Financial Advisory T: +61 8 8407 7150 E: [email protected]

Adrian O’Dea Partner – Financial Advisory T: +61 8 8407 7143 E: [email protected]

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