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Aquila executive chairman Tony Poli.

Aquila bid ‘unfair but reasonable’

Aquila Resources’ share price has stabilised at just below its $3.40 per share takeover offer, indicating the market is backing Baosteel and Aurizon to succeed with their $1.4 billion takeover.

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Total Shareholder Return as at 30/09/16

1 year TSR5 year TSR
282ndDexus30%18%
477thAurizon-1%12%
709 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

31st-Aurizon$3,458.0m
49th-Dexus$876.3m
51st-Novion$760.3m
57th↑STW Group$478.4m
58th-Energy Developments$446.5m
77 listed non wa companies ranked by revenue.
Source: Morningstar

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