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Fairstar ups value of Golden West takeover offer

Fairstair Resources Ltd has increased the value of its hostile takeover offer for iron ore developer Golden West Resources Ltd to $290 million, lifting its scrip offer to seven shares for every one Golden West share.

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GWR Group (GWR)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 30/11/18

1 year TSR5 year TSR
4thStrandline Resources1149%-16%
127thGWR Group28%-5%
185thDuketon Mining15%0%
475thHannans-27%12%
847thBig Star Energy-100%-74%
741 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

22/12/17
$28k Issued
22/12/17
$45k Issued
22/12/17
$1,000 Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

165th↑GWR Group$430k
166th↓Strandline Resources$427k
167th↑Duketon Mining$425k
169th↓Hannans$423k
170th↓Big Star Energy$417k
509 listed resources companies ranked by revenue.
Source: Morningstar

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