Finders owns a majority stake in the Wetar copper project in Indonesia.

Finders shareholders to make $177m takeover play

An Indonesian consortium has announced its intention to make an off-market takeover bid for copper miner Finders Resources, with the all-cash deal valuing the target at about $177 million.


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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 28/02/18

1 year TSR5 year TSR
136thExcelsior Gold85%-24%
251stFinders Resources37%2%
606thAvanco Resources-29%0%
643rdTap Oil-35%-37%
687thTroy Resources-42%-50%
711 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$3.8m Bought
$13.8m Bought
$14.0m Bought
Total value as at the date of the transaction
Source: Morningstar


31st↑Finders Resources$98.7m
32nd↑Troy Resources$92.2m
33rd↓Tap Oil$88.1m
36th↑Avanco Resources$65.2m
37th↑Excelsior Gold$64.1m
503 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Finders Resources

225thBarry Cahill$522k
633rdGary Comb$142k
1549thGordon Galt$20k
Ranked by total remuneration from all listed WA companies

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