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Ausdrill boss charged with tax fraud

Ausdrill managing director Ron Sayers and his business associate, Barminco founder Peter Bartlett, have been charged with fraud over events that occurred nearly ten years ago.

The two men appeared in the Perth Magistrates Court on Friday and pleaded not guilty to the charges, which arise from the long-running Project Wickenby investigation.

Ausdrill released a statement today saying the Commonwealth Director of Public Prosecutions had commenced proceedings to charge Mr Sayers with consipiracy to defraud the Commonwealth.

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Ausdrill (ASL)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/03/17

1 year TSR5 year TSR
92ndAusdrill197%-16%
141stRCR Tomlinson129%11%
290thAustralian Finance Group45%0%
579thNavitas-9%9%
765thWellard-68%0%
706 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

03/03/15
$29k Bought
03/07/13
$84k Bought
05/09/12
$284k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

8th↑Navitas$1,008.4m
9th↓RCR Tomlinson$892.8m
10th↑Ausdrill$755.0m
11th-Wellard$579.0m
12th↑Australian Finance Group$513.9m
226 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Ausdrill

115thRon Sayers$792k
138thJohn Kavanagh$724k
516thTheresa Mlikota$306k
Ranked by total remuneration from all listed WA companies

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