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Atlas recommends $390m Rinehart takeover
Atlas Iron's board has backed a takeover bid by billionaire Gina Rinehart after rival bidder Mineral Resources pulled out of contention.
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Atlas Iron (AGO)
Share Price
Closing price for the last 90 trading days
Source: Morningstar
Total Shareholder Return as at 31/05/18
| 1 year TSR | 5 year TSR | ||
|---|---|---|---|
| 105th | Atlas Iron | 122% | -47% |
| 148th | Mineral Resources | 90% | 21% |
| 223rd | Regis Resources | 51% | 7% |
| 415th | Resolute Mining | 9% | 10% |
723 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar
Source: Morningstar
Share Transactions
Total value as at the date of the transaction
Source: Morningstar
Revenue
| 4th |  | Mineral Resources | $1,470.4m |
| 5th |  | Atlas Iron | $896.6m |
| 8th | | Resolute Mining | $560.8m |
| 9th | | Regis Resources | $547.2m |
508 listed resources companies ranked by revenue.
Source: Morningstar
Source: Morningstar
Remuneration from Atlas Iron
| 54th | Mark Hancock | $1.008m |
| 60th | Jeremy Sinclair | $1.007m |
| 276th | Cheryl Edwardes | $181k |
Ranked by total remuneration from all listed WA companies
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Retail clients should be advised the Morningstar Financial Services Guide can be found at http://www.morningstar.com.au/fsg.asp
Show moreIt is important to note that the Morningstar information displayed by Business News is not to be copied or distributed except as authorised; and that such information is not warranted to be accurate, complete or timely and that neither Morningstar nor Business News are responsible for any damages or losses arising from any use of this information.
The information is general information only and does not constitute financial advice It is not intended to be, and should not be construed in any way as, investment, legal or financial advice
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