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Exploration work at Cradle Resources' Panda Hill niobium project in Tanzania.

Cradle to accept $55m takeover offer

Niobium explorer Cradle Resources has recommended shareholders accept a takeover offer from joint venture partner Tremont Investments, which values the target at $55 million.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Top 10 Shareholders

Source: Morningstar

Total Shareholder Return as at 30/04/19

1 year TSR5 year TSR
297thCradle Resources-1%-18%
475thAvenira-30%-28%
812thAVZ Minerals-81%41%
826thBlackstone Minerals-84%
729 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

15/06/18
$6k Bought
25/05/18
$36k Bought
15/03/18
$33k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

334th↓Cradle Resources$6k
369th↓Avenira$0
370th↓AVZ Minerals$0
374th↓Black Star Petroleum$0
375th↑Blackstone Minerals$0
486 listed resources companies ranked by revenue.
Source: Morningstar

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