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.