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Buru chairman Streitberg launches $41m takeover

PERTH-BASED oil and gas explorer Buru Energy has unveiled a $41 million takeover bid by a company linked to its chairman, which has proposed to fund the offer out of Buru's cash reserves.

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Buru Energy (BRU)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Top 10 Shareholders

Source: Morningstar

Total Shareholder Return as at 28/06/19

1 year TSR5 year TSR
397thBuru Energy-14%-24%
731 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

19/10/18
$2.1m Sold
11/09/17
$7k Issued
11/09/17
$3k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

th-Buru Energy$56.2m
488 listed resources companies ranked by revenue.
Source: Morningstar

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