An artist's impression of the first stage of Finbar's Port Hedland proposal.

Finbar pushes on with $390m Port Hedland plan

Finbar Group is advancing long-running plans to build a $390 million apartments and office project in Port Hedland, unveiling a staged proposal despite significant headwinds for property development in the Pilbara town.


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So long as Landcorp are ripping everyone off with exorbitant land pricing in the Pilbara, builders can not offer affordable projects. Hence the government rent back debacle with Pelago in Karratha.

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Finbar Group (FRI)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 31/01/18

1 year TSR5 year TSR
356thFinbar Group16%3%
398thBWP Trust9%11%
564thSwick Mining Services-19%-6%
709 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$203k Issued
$40k Bought
$43k Bought
Total value as at the date of the transaction
Source: Morningstar


36th-BWP Trust$152.5m
37th↑Swick Mining Services$130.0m
38th↑Finbar Group$125.8m
234 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Finbar Group

84thDarren Pateman$876k
111thJohn Chan$751k
311thRonald Chan$416k
Ranked by total remuneration from all listed WA companies

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