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Chinese firm makes bid for RMA Energy

China Railway Resources Group Co has today revealed plans to launch a proportional takeover for RMA Energy, offering cash for 80 per cent of shares it does not own in the Perth-based company.

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RMA Energy (RMT)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/12/18

1 year TSR5 year TSR
thSultan Resources
66thTando Resources45%
450thSuperior Lake Resources-30%-25%
727thRMA Energy-67%-30%
764thTanga Resources-73%-33%
716 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

481st↓RMA Energy$0
488th-Sultan Resources$0
489th↓Superior Lake Resources$0
491st-Tando Resources$0
492nd↓Tanga Resources$0
513 listed resources companies ranked by revenue.
Source: Morningstar

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