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The agreement comes just a day after Flinders said it would appeal the panel’s declaration of unacceptable circumstances.

Flinders shares soar 33% on delisting agreement

The Takeovers Panel and Flinders Mines have come to agreement on a new proposal for the iron ore explorer to delist under which its biggest shareholder will lose out.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Top 10 Shareholders

Substantial shareholders as published in the annual report.
Source: Morningstar

Total Shareholder Return as at 30/09/19

1 year TSR5 year TSR
591stFlinders Mines-34%18%
733 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

th-Flinders Mines$1,000
486 listed resources companies ranked by revenue.
Source: Morningstar

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