South Australian Stock Exchange Index...S S I 03 Executive summary Welcome to the Deloitte South...

South Australian Stock Exchange Index June 2016

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 2016 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 2016 15

Compilation of the Deloitte SA Index 19

About Deloitte 20

Contact us 21

June 2016, Issue 41 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-mail: [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 2016.

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 4.5% over the last 12 months, a significant outperformance of the S&P/ASX 200, which decreased by 4.1% over the same period.

The Deloitte SA Index increased by 3.5% in the 2016 June quarter similar to a 3.0% increase in the S&P/ASX 200. Both indices displayed moderate growth in April and May but fell in June on the back of uncertainties from global events. The absolute total market capitalisation of the state’s 64 listed companies increased by $1.73 billion (7.5%) during the June quarter, from $23.06 billion to $24.79 billion.

Throughout the 12 months to 30 June 2016, a number of South Australian listed companies have entered and exited the Deloitte SA Index via reverse takeover. The trend is underpinned by sustained declines in global resource markets that have resulted in reduced mining investment and prompted a tilting of capital to momentum sectors such as food, healthcare and technology.

We anticipate reverse takeovers (RTOs) will continue to be a viable option for aspiring ASX companies, as the relevant pools of capital continue to provide strong valuation support for companies exposed to Australia’s next waves of growth, namely agribusiness, tourism and international education.

It’s expected that changes in South Australia’s current economic composition will reflect the state’s relative competitive advantage in the next and future waves of growth, offsetting declines in manufacturing and providing an environment for which innovative South Australian companies can attract capital for expansion.

Quarterly movementsThe Deloitte SA Index increased 3.5% during the June quarter, compared to a 3.0% increase for the S&P/ASX 200 over the same period.

Six-month movementsThe Deloitte SA Index increased by 2.3% during the six months to 30 June 2016, compared to a 1.2% decrease for the S&P/ASX 200 over the same period.

Twelve-month movementsThe Deloitte SA Index increased by 4.5% over the 12 months to 30 June 2016, compared to a 4.1% decrease for the S&P/ASX 200 over the same period.

Stephen Adams Partner | Financial Advisory Market Leader – South Australia

Stephen Adams Partner | Financial Advisory Market Leader – South Australia


04

Date ASX company

New ASX company

Activities pre-RTO

Activities post-RTO

Transaction status

Jun-16Brand New Vintage Limited

Dawine LimitedManufacture, marketing and distribution of wine

Development of online and mobile wine distribution platform

In progress

May-16 Petratherm LimitedGooroo Ventures Limited

Exploration and development of geothermal energy products

Human resources technology Abandoned

Mar-16 Raya Group Limited Xped Limited Geothermal project developer Technology Complete

Feb-16Naracoota Resources Limited

Alcidion Group Limited

Exploration of minerals Medical information technology Complete

Feb-16Crest Minerals Limited

Food Revolution Group Limited

Gold exploration and prospecting

Food manufacturing and production

Complete

Dec-15Red Gum Resources Limited

MCS Services Limited

Exploration of minerals Security services Complete

Apr-14 AO Energy LimitedReproductive Health Science Limited

Exploration of mineralsBiotechnology research and development

Complete

The most recent reverse takeovers involving South Australian listed companies


05

Positive contributions to the Deloitte SA IndexOver the last quarter, 34 of the 64 South Australian listed companies positively contributed to the Deloitte SA Index. The major contributors to the Index during this quarter include Adelaide Brighton Limited, Mayne Pharma Group Limited and OZ Minerals Limited.

Adelaide Brighton Limited (Adelaide Brighton) was the largest positive contributor (4.5%) to the Deloitte SA Index over the quarter. Adelaide Brighton is an importer, distributor and marketer of cement and concrete products. Adelaide Brighton has produced significant growth this quarter through its involvement in a number of high profile infrastructure projects in South Australia, as well as implementation of a cost reduction program.

Mayne Pharma Group Limited (Mayne Pharma) was the second largest positive contributor (2.1%) to the Deloitte SA Index over the quarter. Mayne Pharma is a pharmaceutical company specialising in drug delivery expertise with capabilities in research and development as well as manufacturing. Mayne Pharma has experienced a particularly successful

quarter finalising the acquisition of Liothyronine rights from Perrigo Company plc and announcing the acquisition of a U.S Generic Product Portfolio from Teva Pharmaceuticals Industries, a deal valued at $888 million.

OZ Minerals Limited (OZ Minerals) was the third largest positive contributor (1.2%) to the Deloitte SA Index over the quarter. A recent addition to the Deloitte SA Index, OZ Minerals relocated its registered office to South Australia in July 2015. OZ Minerals owns and operates the Prominent copper-gold mine and the Carrapateena copper-gold mine in South Australia.

On an absolute share price performance basis, the companies that recorded the largest percentage share price increases for the three months to 30 June 2016 were:

• Pepinnini Minerals Limited, which increased by 342.9%, from $0.007 per share to $0.031 per share;

• Magnetite Mines Limited, which increased by 187.5%, from $0.016 per share to $0.046 per share; and

• Flinders Mines Limited, which increased by 100%, from $0.013 per share to $0.026 per share.

Table 1: Largest positive contributions to the Deloitte SA Index in the 2016 June quarter

Company Performance

Adelaide Brighton Limited 4.5%

Mayne Pharma Group Limited 2.1%

OZ Minerals Limited 1.2%

Highfield Resources Limited 0.5%

Ellex Medical Lasers Limited 0.5%

Ramelius Resources Limited 0.4%

Santos Limited 0.3%

Kangaroo Island Plantation Timbers Limited

0.2%

Table 2: Largest share price increases in the 2016 June quarter

Company Performance

Pepinnini Minerals Limited 342.9%

Magnetite Mines Limited 187.5%

Flinders Mines Limited 100.0%

Adelaide Resources Limited 90.9%

Investigator Resources Limited

88.9%

Tychean Resources Limited 80.0%

PNX Metals Limited 63.6%

Codan Limited 54.3%

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


06

Negative contributions to the Deloitte SA IndexThe largest negative contributions on a market capitalisation basis to the Deloitte SA Index for the 2016 June quarter came from Prophecy International Holdings Limited, Sealink Travel Group Limited, and Bionomics Limited.

Table 3: Largest negative contributions to the Deloitte SA Index in the 2016 June quarter

Company Performance

Prophecy International Holdings Limited

(4.0%)

SeaLink Travel Group Limited

(0.7%)

Bionomics Limited (0.4%)

Beach Energy Limited (0.3%)

Leigh Creek Energy Limited (0.1%)

Cooper Energy Limited (0.0%)

Pepinnini Minerals Limited (0.0%)

Asian American Medical Group Limited

(0.1%)

Table 4: Largest share price decreases in the 2016 June quarter

Company Performance

Petratherm Limited (42.9%)

Sundance Energy Australia Limited

(41.2%)

Core Exploration Limited (35.3%)


(32.7%)

Leigh Creek Energy Limited (29.6%)

UraniumSA Limited (25.0%)

MGM Wireless Limited (25.0%)

E & A Limited (24.7%)

The companies that recorded the largest percentage share price decreases for the 2016 June quarter were Petratherm Limited, Sundance Energy Australia Limited and Core Exploration 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 2016 June quarter.

Additions: Removals:

No companies were added to the Deloitte SA Index in the June 2016 quarter.

iBosses Corporation Limited (IB8)iBossess Corporation Limited exited the Deloitte SA Index through a change of registered office to Victoria.


08

Market wrap – 30 June 2016

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 2016 ranking

Mar 2016 ranking

Company nameMkt cap Jun 2016

% change in share price

% change in mkt cap

Mid cap1 1 Santos Limited 8,235.1 15.1% 15.7%3 3 Adelaide Brighton Limited 3,618.6 9.9% 10.0%2 2 Argo Investments Limited 5,009.7 1.4% 1.4%

Small cap

7 8 Highfield Resources Limited 427.4 12.7% 12.7%4 4 OZ Minerals Limited 1,707.1 12.3% 11.8%5 6 Mayne Pharma Group Limited 1,296.1 26.6% 6.5%9 9 Elders Limited 338.8 (4.9%) 3.5%

Micro cap

21 29 Flinders Mines Limited 76.6 100.0% 100.9%12 15 Codan Limited 209.1 54.3% 54.4%18 20 Ellex Medical Lasers Limited 109.0 22.4% 29.8%19 22 Cooper Energy Limited 93.6 (10.4%) 16.8%

15 16Beston Global Food Company Limited

148.9 15.5% 15.5%

Nano cap

46 61 Pepinnini Minerals Limited 8.4 342.9% 446.3%54 58 Magnetite Mines Limited 4.8 187.5% 96.7%49 54 Adelaide Resources Limited 7.4 90.9% 92.8%37 44 Investigator Resources Limited 15.7 88.9% 88.9%

59 62 Tychean Resources Limited 2.6 80.0% 80.0%


09

Decreases ($m)

Jun 2016 ranking

Mar 2016 ranking

Company nameMkt cap Jun 2016

% change in share price

% change in mkt cap

Small cap6 5 Beach Energy Limited 1,135.0 (6.9%) (6.9%)8 7 SeaLink Travel Group Limited 412.7 (4.9%) (4.9%)

Micro cap

24 19 Sundance Energy Australia Limited 62.7 (41.2%) (34.2%)

22 18Prophecy International Holdings Limited

73.3 (32.7%) (32.7%)

14 12 K & S Corporation Limited 159.0 (21.4%) (21.4%)11 10 Terramin Australia Limited 215.5 (20.0%) (20.0%)26 25 Leigh Creek Energy Limited 50.5 (29.6%) (18.7%)

Nano cap

58 50 Petratherm Limited 3.1 (42.9%) (42.9%)44 40 E & A Limited 9.6 (24.7%) (24.7%)53 47 MGM Wireless Limited 5.6 (25.0%) (24.6%)41 39 Rex Minerals Limited 11.2 (23.9%) (23.9%)

29 28Asian American Medical Group Limited

29.8 (9.1%) (23.7%)

($m)

Market Capitalisation of the Deloitte SA Index as at 31 March 2016 23,058

Total Inclusions -

Total Removals (5)

New SA inclusions/(removals) for June 2016 quarter (5)

Major Increases(Δ > +$20 million)

Santos Limited 1,116.8

Adelaide Brighton Limited 328.7

OZ Minerals Limited 180.7

Mayne Pharma Group Limited 79.1

Codan Limited 73.7

Argo Investments Limited 68.0

Highfield Resources Limited 48.2

Flinders Mines Limited 38.5

Ramelius Resources Limited 27.0

Ellex Medical Lasers Limited 25.0

Major Decreases(Δ < -$20 million)

Beach Energy Limited (83.7)

Terramin Australia Limited (53.7)

K & S Corporation Limited (43.4)

Prophecy International Holdings Limited (35.5)

Sundance Energy Australia Limited (32.6)

SeaLink Travel Group Limited (21.1)

Other Movements 17

Total increase/(decrease) 1,733

Market Capitalisation of the Deloitte SA Index as at 30 June 2016 24,786

Table 6: Major movements in market capitalisation for the three months ended 30 June 2016

Source: Deloitte analysis, ASX, Capital IQ



10

Table 7: Market capitalisation by industry as at 30 June 2016

Industry Number of companies

Jun 2016 $(m)

Mar 2016 $(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 3 118 121 (3) 0.5% (2.6%) 18.6% (36.9%) (85.0%)

Consumer services 1 413 439 (26) 1.7% (5.9%) 10.1% 146.0% -

Diversified Financials 3 5,421 5,328 93 21.9% 1.7% (7.2%) 2.0% 109.4%

Energy 9 9,543 8,530 1,013 38.5% 11.9% 30.7% (0.5%) 35.9%

Food Beverage & Tobacco 3 508 495 13 2.0% 2.6% (5.5%) 14.9% (69.7%)

Health Care Equipment & Services 5 178 161 17 0.7% 10.5% 37.6% 146.0% 1,041.1%

Materials 31 6,642 6,074 568 26.8% 9.4% 18.9% 76.1% 363.8%

Media 1 14 15 (1) 0.1% (5.3%) (10.0%) 34.2% -

Pharmaceuticals, Biotechnology & Life Sciences

2 1,433 1,371 62 5.8% 4.5% 8.9% 51.1% 1,798.2%

Real Estate 1 20 20 - 0.1% - (2.0%) (19.3%) (83.7%)

Semiconductors & Semiconductor Equipment

1 49 50 (1) 0.2% (2.2%) (10.4%) (13.8%) 20.5%

Software & Services 2 79 116 (37) 0.3% (32.1%) (40.9%) (13.5%) 18.1%

Technology Hardware & Equipment 1 209 135 74 0.8% 54.4% 73.7% (1.9%) (9.4%)

Transportation 1 159 202 (43) 0.6% (21.4%) (5.7%) 2.4% (24.7%)

Total 64 24,786 23,058 1,728 100.0% 7.5% 14.2% 17.8% 42.4%



11

South Australia’s share price performanceFigure 1: Monthly performance to 30 June 2016, top eight gains

Figure 2: Quarterly performance to 30 June 2016, top eight gains

Figure 3: Yearly performance to 30 June 2016, top eight gains

Investigator Resources Limited

Magnetite Mines Limited

Pepinnini Minerals Limited

0% 50% 100% 150% 200% 250% 300% 350% 400%

Flinders Mines Limited

Adelaide Resources Limited

Tychean Resources Limited

PNX Metals Limited

Codan Limited


Ramelius Resources Limited

Ellex Medical Lasers Limited

LBT Innovations Limited

Kangaroo Island Plantation Timbers Limited

Mayne Pharma Group Limited

Marmota Energy Limited

SeaLink Travel Group Limited

0% 50% 100% 150% 200% 250% 300% 350%

Ramelius Resources Limited

Mayne Pharma Group Limited



Hillgrove Resources Limited

Pepinnini Minerals Limited

PNX Metals Limited

Iron Road Limited

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





12

Figure 4: Monthly performance to 30 June 2016, bottom eight

Figure 5: Quarterly performance to 30 June 2016, bottom eight

Figure 6: Yearly performance to 30 June 2016, bottom eight

Centrex Metals Limited

MGM Wireless Limited

Minotaur Exploration Limited

Petratherm Limited

Rex Minerals Limited

Leigh Creek Energy Limited

Archer Exploration Limited


(45%) (40%) (35%) (30%) (25%) (20%) (15%) (10%) (5%) 0%

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

E & A Limited


UraniumSA Limited

Leigh Creek Energy Limited


Core Exploration Limited


Petratherm Limited

Beach Energy Limited

Clean Seas Tuna Limited

Valence Industries Limited

Rex Minerals Limited

E & A Limited




(90%) (80%) (70%) (60%) (50%) (40%) (30%) (20%) (10%) 0%





13

Comparison of the Deloitte SA Index and the S&P/ASX 200 IndexThe Deloitte SA Index outperformed the S&P/ASX 200 Index during the three months to 30 June 2016. The Deloitte SA Index increased by 3.5%, compared to the S&P/ASX200, which increased by 3.0%.

The largest positive contributions to the Deloitte SA Index for the quarter came from a 4.5% increase in Adelaide Brighton Limited and a 2.1% increase by Mayne Pharma Group Limited.

The largest negative contributions on a market capitalisation basis to the Deloitte SA Index for the quarter came from a

4.0% decrease by Prophecy International Holdings Limited, and a 0.7% decrease by Sealink Travel Group Limited.

For the six months to 30 June 2016, the Deloitte SA Index outperformed the S&P/ASX 200, recording an increase of 2.3% compared to a decrease of 1.2% for the S&P/ASX 200.

For the twelve months to 30 June 2016, the Deloitte SA Index outperformed the S&P/ASX 200, recording an increase of 4.5% compared with a decrease of 4.1% for the S&P/ASX 200.

Table 8: Percentage change in major indices

Figure 7: Percentage change to 30 June 2016 – 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 4.5% 2.3% 5.3% 4.9% 3.5% (0.4%) (1.5%)

S&P/ASX 200 (4.1%) (1.2%) 4.6% 7.2% 3.0% (0.4%) (2.7%)

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Figure 9: Percentage change to 30 June 2016 – Deloitte SA Energy & Resources Index vs. S&P/ASX 200 Index

Figure 8: Percentage change to 30 June 2016 – Deloitte SA Index (including Santos) vs. Deloitte SA Index (excluding Santos) vs. S&P/ASX 200 Index

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15

Companies included in the Deloitte SA Index as at 30 June 2016Table 9: Constituents of the Deloitte SA Index ranked by share price performance during the 2016 June quarter

Rank Code CompanyShare price

Jun 2016 ($)

Share price Mar 2016

($)

Change($)

Change (%)

High price 12m ($)

Low price 12m ($)

1 PNN Pepinnini Minerals Limited 0.03 0.01 0.0 342.9% 0.05 0.01

2 MGF Magnetite Mines Limited 0.05 0.02 0.0 187.5% 0.05 0.01

3 FMS Flinders Mines Limited 0.03 0.01 0.0 100.0% 0.03 0.01

4 ADN Adelaide Resources Limited 0.02 0.01 0.0 90.9% 0.04 0.01

5 IVR Investigator Resources Limited 0.03 0.02 0.0 88.9% 0.05 0.01

6 TYK Tychean Resources Limited 0.01 0.01 0.0 80.0% 0.03 0.00

7 PNX PNX Metals Limited 0.02 0.01 0.0 63.6% 0.02 0.01

8 CDA Codan Limited 1.18 0.77 0.4 54.3% 1.29 0.53

9 MXR Maximus Resources Limited 0.00 0.00 0.0 50.0% 0.01 0.00

10 RHS Reproductive Health Science Limited 0.14 0.09 0.0 50.0% 0.21 0.08

11 MYX Mayne Pharma Group Limited 1.91 1.51 0.4 26.6% 2.06 0.93

12 KPTKangaroo Island Plantation Timbers Limited

16.00 13.05 3.0 22.6% 16.00 6.95

13 ELX Ellex Medical Lasers Limited 0.96 0.78 0.2 22.4% 1.06 0.29

14 MOX Monax Mining Limited 0.01 0.01 0.0 20.0% 0.02 0.01

15 BFC Beston Global Food Company Limited 0.41 0.36 0.1 15.5% 0.63 0.30

16 STO Santos Limited 4.64 4.03 0.6 15.1% 8.31 2.46

17 MEP Minotaur Exploration Limited 0.06 0.05 0.0 14.8% 0.09 0.05

18 RMS Ramelius Resources Limited 0.44 0.38 0.1 14.5% 0.49 0.10

19 HFR Highfield Resources Limited 1.38 1.22 0.2 12.7% 2.04 1.03

20 OZL OZ Minerals Limited 5.65 5.03 0.6 12.3% 6.19 3.18

21 SAU Southern Gold Limited 0.28 0.25 0.0 10.0% 0.40 0.17

22 ABC Adelaide Brighton Limited 5.57 5.07 0.5 9.9% 5.71 4.00

23 LBT LBT Innovations Limited 0.15 0.14 0.0 7.4% 0.20 0.06

24 RNU Renascor Resources Limited 0.02 0.02 0.0 5.3% 0.03 0.01

25 AVG Australian Vintage Limited 0.57 0.54 0.0 4.6% 0.66 0.30

26 ALI Argo Global Listed Infrastructure Limited 1.84 1.80 0.0 1.9% 2.03 1.61

27 HGO Hillgrove Resources Limited 0.06 0.06 0.0 1.8% 0.23 0.03

28 ARG Argo Investments Limited 7.37 7.27 0.1 1.4% 8.50 7.13

29 BLY Boart Longyear Limited 0.09 0.09 0.0 1.1% 0.13 0.04

30 PAW Pawnee Energy Limited 0.00 0.00 - - 0.00 0.00

31 MEU Marmota Energy Limited 0.02 0.02 - - 0.04 0.01

32 THR Thor Mining PLC 0.00 0.00 - - 0.00 0.00

33 LSN Lawson Gold Limited 0.04 0.04 - - 0.06 0.03

34 AXI Axiom Properties Limited 0.05 0.05 - - 0.06 0.05


16

Rank Code CompanyShare price

Jun 2016 ($)

Share price Mar 2016

($)

Change($)

Change (%)

High price 12m ($)

Low price 12m ($)

35 VXL Valence Industries Limited 0.12 0.12 - - 0.36 0.12

36 LGD Legend Corporation Limited 0.23 0.23 (0.0) (2.2%) 0.28 0.18

37 HAV Havilah Resources NL 0.37 0.39 (0.0) (3.9%) 0.50 0.19

38 KOV Korvest Limited 2.19 2.30 (0.1) (4.8%) 3.98 2.05

39 ELD Elders Limited 3.72 3.91 (0.2) (4.9%) 4.96 3.31

40 SLK SeaLink Travel Group Limited 4.08 4.29 (0.2) (4.9%) 4.85 2.10

41 CIKChina Integrated Media Corporation Limited

0.18 0.19 (0.0) (5.3%) 0.20 0.18

42 BPT Beach Energy Limited 0.61 0.66 (0.0) (6.9%) 1.04 0.35

43 AJJ Asian American Medical Group Limited 0.10 0.11 (0.0) (9.1%) 0.13 0.06

44 COE Cooper Energy Limited 0.22 0.24 (0.0) (10.4%) 0.28 0.14

45 CSS Clean Seas Tuna Limited 0.03 0.04 (0.0) (10.5%) 0.07 0.03

46 BNO Bionomics Limited 0.29 0.32 (0.0) (10.9%) 0.59 0.27

47 PPY Papyrus Limited 0.01 0.01 (0.0) (11.1%) 0.02 0.01

48 ALC Alcidion Group Limited 0.04 0.05 (0.0) (13.7%) 0.09 0.04

49 MTH Mithril Resources Limited 0.01 0.01 (0.0) (14.3%) 0.02 0.00

50 CXM Centrex Metals Limited 0.07 0.08 (0.0) (14.5%) 0.10 0.06

51 IRD Iron Road Limited 0.11 0.13 (0.0) (15.4%) 0.18 0.06

52 AXE Archer Exploration Limited 0.07 0.09 (0.0) (19.1%) 0.12 0.07

53 TZN Terramin Australia Limited 0.12 0.15 (0.0) (20.0%) 0.23 0.09

54 KSC K & S Corporation Limited 1.32 1.68 (0.4) (21.4%) 1.77 0.96

55 SWJ Stonewall Resources Limited 0.01 0.01 (0.0) (23.1%) 0.02 0.01

56 RXM Rex Minerals Limited 0.05 0.07 (0.0) (23.9%) 0.11 0.04

57 EAL E & A Limited 0.07 0.09 (0.0) (24.7%) 0.20 0.07

58 MWR MGM Wireless Limited 0.65 0.86 (0.2) (25.0%) 1.84 0.60

59 USA UraniumSA Limited 0.02 0.02 (0.0) (25.0%) 0.03 0.01

60 LCK Leigh Creek Energy Limited 0.19 0.27 (0.1) (29.6%) 0.42 0.11

61 PRO Prophecy International Holdings Limited 1.15 1.70 (0.6) (32.7%) 2.53 1.00

62 CXO Core Exploration Limited 0.02 0.03 (0.0) (35.3%) 0.06 0.01

63 SEA Sundance Energy Australia Limited 0.10 0.17 (0.1) (41.2%) 0.55 0.06

64 PTR Petratherm Limited 0.00 0.01 (0.0) (42.9%) 0.01 0.00



17

Table 10: Constituents of the Deloitte SA Index ranked by market capitalisation as at 30 June 2016

Rank Jun

2016

Rank Jun

2015Code Company

Mkt capJun 2016

($m)

Mkt cap Jun 2015

($m)

Change ($m)

Change (%)

Last price

($)

High price 12m ($)

Low price 12m ($)

1 1 STO Santos Limited 8,235.1 7,858.0 377.2 4.8% 4.64 8.31 2.46

2 2 ARG Argo Investments Limited 5,009.7 5,314.2 (304.4) (5.7%) 7.37 8.50 7.13

3 3 ABC Adelaide Brighton Limited 3,618.6 2,796.7 821.9 29.4% 5.57 5.71 4.00

4 - OZL OZ Minerals Limited 1,707.1 - 1,707.1 - 5.65 6.19 3.18

5 5 MYX Mayne Pharma Group Limited 1,296.1 775.0 521.1 67.3% 1.91 2.06 0.93

6 4 BPT Beach Energy Limited 1,135.0 1,365.2 (230.1) (16.9%) 0.61 1.04 0.35

7 6 HFR Highfield Resources Limited 427.4 459.2 (31.9) (6.9%) 1.38 2.04 1.03

8 12 SLK SeaLink Travel Group Limited 412.7 167.8 244.9 146.0% 4.08 4.85 2.10

9 7 ELD Elders Limited 338.8 288.9 50.0 17.3% 3.72 4.96 3.31

10 - ALIArgo Global Listed Infrastructure Limited

262.6 - 262.6 - 1.84 2.03 1.61

11 10 TZN Terramin Australia Limited 215.5 183.1 32.4 17.7% 0.12 0.23 0.09

12 9 CDA Codan Limited 209.1 203.6 5.5 2.7% 1.18 1.29 0.53

13 20 RMS Ramelius Resources Limited 206.7 54.0 152.8 283.1% 0.44 0.49 0.10

14 13 KSC K & S Corporation Limited 159.0 155.3 3.7 2.4% 1.32 1.77 0.96

15 - BFC Beston Global Food Company Limited 148.9 - 148.9 - 0.41 0.63 0.30

16 11 BNO Bionomics Limited 137.1 173.6 (36.4) (21.0%) 0.29 0.59 0.27

17 15 AVG Australian Vintage Limited 131.2 84.8 46.4 54.8% 0.57 0.66 0.30

18 24 ELX Ellex Medical Lasers Limited 109.0 35.5 73.5 206.9% 0.96 1.06 0.29

19 16 COE Cooper Energy Limited 93.6 81.3 12.2 15.1% 0.22 0.28 0.14

20 14 BLY Boart Longyear Limited 84.4 101.9 (17.6) (17.3%) 0.09 0.13 0.04

21 21 FMS Flinders Mines Limited 76.6 44.2 32.4 73.3% 0.03 0.03 0.01

22 17 PROProphecy International Holdings Limited

73.3 69.3 4.0 5.8% 1.15 2.53 1.00

23 - IRD Iron Road Limited 65.2 - 65.2 - 0.11 0.18 0.06

24 8 SEA Sundance Energy Australia Limited 62.7 277.4 (214.7) (77.4%) 0.10 0.55 0.06

25 23 HAV Havilah Resources NL 62.2 37.0 25.2 68.1% 0.37 0.50 0.19

26 32 LCK Leigh Creek Energy Limited 50.5 18.4 32.1 174.0% 0.19 0.42 0.11

27 19 LGD Legend Corporation Limited 49.1 57.0 (7.9) (13.8%) 0.23 0.28 0.18

28 18 CSS Clean Seas Tuna Limited 37.6 65.2 (27.6) (42.4%) 0.03 0.07 0.03

29 30 AJJ Asian American Medical Group Limited 29.8 21.6 8.2 38.2% 0.10 0.13 0.06

30 34 KPTKangaroo Island Plantation Timbers Limited

27.5 12.5 15.0 120.2% 16.00 16.00 6.95

31 22 KOV Korvest Limited 24.0 37.4 (13.4) (35.8%) 2.19 3.98 2.05


18

Rank Jun

2016

Rank Jun

2015Code Company

Mkt capJun 2016

($m)

Mkt cap Jun 2015

($m)

Change ($m)

Change (%)

Last price

($)

High price 12m ($)

Low price 12m ($)

32 25 VXL Valence Industries Limited 22.9 33.8 (10.9) (32.4%) 0.12 0.36 0.12

33 28 CXM Centrex Metals Limited 20.5 23.9 (3.4) (14.3%) 0.07 0.10 0.06

34 27 AXI Axiom Properties Limited 20.3 25.1 (4.8) (19.3%) 0.05 0.06 0.05

35 46 SWJ Stonewall Resources Limited 17.4 5.1 12.2 239.2% 0.01 0.02 0.01

36 44 LBT LBT Innovations Limited 16.7 6.9 9.8 142.2% 0.15 0.20 0.06

37 - IVR Investigator Resources Limited 15.7 - 15.7 - 0.03 0.05 0.01

38 - ALC Alcidion Group Limited 14.8 - 14.8 - 0.04 0.09 0.04

39 36 CIKChina Integrated Media Corporation Limited

14.3 10.6 3.6 34.2% 0.18 0.20 0.18

40 35 MEP Minotaur Exploration Limited 13.2 12.1 1.1 9.1% 0.06 0.09 0.05

41 29 RXM Rex Minerals Limited 11.2 23.2 (11.9) (51.4%) 0.05 0.11 0.04

42 - HGO Hillgrove Resources Limited 10.5 - 10.5 - 0.06 0.23 0.03

43 45 SAU Southern Gold Limited 10.1 6.9 3.2 46.6% 0.28 0.40 0.17

44 31 EAL E & A Limited 9.6 20.5 (11.0) (53.3%) 0.07 0.20 0.07

45 42 PNX PNX Metals Limited 9.1 7.1 2.0 27.9% 0.02 0.02 0.01

46 52 PNN Pepinnini Minerals Limited 8.4 3.3 5.1 153.1% 0.03 0.05 0.01

47 39 RHS Reproductive Health Science Limited 8.0 8.5 (0.5) (5.9%) 0.14 0.21 0.08

48 40 AXE Archer Exploration Limited 7.9 7.9 0.1 0.9% 0.07 0.12 0.07

49 43 ADN Adelaide Resources Limited 7.4 7.0 0.4 6.2% 0.02 0.04 0.01

50 55 MEU Marmota Energy Limited 7.0 2.8 4.3 154.9% 0.02 0.04 0.01

51 48 CXO Core Exploration Limited 6.0 3.9 2.0 52.3% 0.02 0.06 0.01

52 49 RNU Renascor Resources Limited 5.7 3.9 1.8 46.0% 0.02 0.03 0.01

53 33 MWR MGM Wireless Limited 5.6 14.6 (9.0) (61.6%) 0.65 1.84 0.60

54 50 MGF Magnetite Mines Limited 4.8 3.9 0.9 23.8% 0.05 0.05 0.01

55 59 MOX Monax Mining Limited 3.6 1.7 1.9 112.7% 0.01 0.02 0.01

56 56 MTH Mithril Resources Limited 3.4 2.3 1.1 46.9% 0.01 0.02 0.00

57 51 USA UraniumSA Limited 3.4 3.6 (0.2) (6.6%) 0.02 0.03 0.01

58 58 PTR Petratherm Limited 3.1 1.7 1.4 79.8% 0.00 0.01 0.00

59 47 TYK Tychean Resources Limited 2.6 4.9 (2.3) (47.4%) 0.01 0.03 0.00

60 60 LSN Lawson Gold Limited 2.1 1.5 0.5 35.5% 0.04 0.06 0.03

61 57 MXR Maximus Resources Limited 1.9 1.7 0.1 8.2% 0.00 0.01 0.00

62 62 PPY Papyrus Limited 1.6 1.5 0.1 7.0% 0.01 0.02 0.01

63 61 THR Thor Mining PLC 1.5 1.5 0.0 0.6% 0.00 0.00 0.00

64 64 PAW Pawnee Energy Limited 0.0 0.0 - - 0.00 0.00 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 in connection 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 Tel: +61 8 8407 7025 e-mail: [email protected]

Clarence Fok Senior Analyst Financial Advisory Tel: +61 8 8407 7388 e-mail: [email protected]

Kathryn Fritz Analyst Financial Advisory Tel: +61 8 8407 7128 e-mail: [email protected]

Emily Easling Analyst Financial Advisory Tel: +61 8 8407 7090 e-mail: [email protected]

mailto:[email protected]


20

About Deloitte

13 | Issue 145 - Western Australian Stock Exchange Index

About Deloitte

Our Signals

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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.

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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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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.


21

Contact us

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 Tel: +61 8 8407 7025 e-mail: [email protected]

David Egan Partner – Financial Advisory Tel: +61 8 8407 7150 e-mail: [email protected]

Adrian O’Dea Partner – Financial Advisory Tel: +61 8 8407 7143 e-mail: [email protected]

Andrew Culley Office Managing Partner – South Australia Tel: +61 8 8407 7305 e-mail: [email protected]

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