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Chris Ellison-led Mineral Resources has freed up Atlas to enter discussions with Fortescue. Photo: Attila Csaszar

Atlas shares soar after MinRes amends agreement

Mineral Resources has agreed to allow takeover target Atlas Iron to enter discussions with other parties, one day after the Andrew Forrest-chaired Fortescue Metals Group purchased a blocking stake in the junior iron ore miner.

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Share Price

Closing price for the last 90 trading days
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BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Top 10 Shareholders

Substantial shareholders as published in the annual report.
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Total Shareholder Return as at 31/03/20

1 year TSR5 year TSR
278thMineral Resources-8%20%
299thIGO-11%-3%
408thRegis Resources-29%28%
594thSouth32-51%
669 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
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Share Transactions

27/03/20
$99k Issued
27/02/20
$0 Issued
04/10/19
$131k Issued
Total value as at the date of the transaction
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Revenue

2nd-South32$10,711.5m
4th-Mineral Resources$1,520.1m
8th↑IGO$787.0m
9th-Regis Resources$656.8m
478 listed resources companies ranked by revenue.
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