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Flinders Mines is exploring for iron ore in the Pilbara.

Flinders backs improved Todd offer

Pilbara-focused Flinders Mines has recommended its shareholders accept an improved takeover offer from private New Zealand company Todd Corporation that values the target at about $74 million.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/10/18

1 year TSR5 year TSR
119thFlinders Mines42%16%
317th88 Energy0%-14%
680thCaeneus Minerals-50%-24%
744 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

289th↓88 Energy$50k
291st↑Flinders Mines$49k
292nd↑Caeneus Minerals$49k
512 listed resources companies ranked by revenue.
Source: Morningstar

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