The three worst performing stocks in Australia’s All Ordinaries (All Ords) index each saw losses of more than 90 per cent in 2014.
Commercial-stage specialty pharmaceutical company QRxPharma Limited
(ASX:QRX) plummeted 97.2 per cent over the year.
The company suffered a hit in April when its Moxduo pain relief drug failed to score approval from the US Food and Drug Administration.
Coal explorer and developer Coalspur Mines Limited
(ASX:CPL) and oil and gas services company Titan Energy Services Limited
(ASX:TTN) also saw losses of more than 90 per cent.
Iron ore producer BC Iron Limited
(ASX:BCI) and education and training company Vocation Limited
(ASX:VET) both plunged almost 90 per cent.
Oil and gas explorer Neon Energy Limited
(ASX:NEN) sank 87 per cent while mining and materials company Arrium Limited
(ASX:ARI) and iron ore miner Atlas Iron Limited
(ASX:AGO) both sank about 86 per cent in the year.
Transport and logistics provider McAleese Limited
(ASX:MCS) and iron ore focussed Northern Iron Limited
(ASX:NFE) saw their share prices slump almost 85 per cent over 2014.
