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Gindalbe owns 47.8 per cent of the trouble-plagued Karara project.

Gindalbie proposes demerger, set to be acquired for $25m

The board of Gindalbie Metals has recommended shareholders accept a takeover offer from its Karara project partner Ansteel, and has proposed to demerge its wholly-owned subsidiary Coda Minerals.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 28/02/19

1 year TSR5 year TSR
629thGindalbie Metals-50%-33%
656thEneabba Gas-55%-17%
704thKopore Metals-60%-74%
825thMetalsTech-83%
730 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

10/04/13
$59k Bought
13/12/12
$25k Bought
11/12/12
$25k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

329th↑Zamanco Minerals$8k
330th-Eneabba Gas$8k
331st↑Gindalbie Metals$7k
332nd↓MetalsTech$6k
333rd↓Kopore Metals$6k
487 listed resources companies ranked by revenue.
Source: Morningstar

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