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Azumah’s directors recommend that shareholders accept the improved offer from Ibaera Capital.

Ibaera Capital lifts bid for Azumah

Azumah Resources’ firm rejection of Ibaera Capital’s initial takeover offer has paid dividends, with the private equity group agreeing to increase its offer for the West Perth-based miner.

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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 31/10/19

1 year TSR5 year TSR
71stAzumah Resources106%2%
106thBlack Rock Mining71%-2%
390thAvira Resources0%-59%
730 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

08/11/19
$54k Other
08/11/19
$54k Other
08/11/19
$109k Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

375th-Avira Resources$0
376th↓Azumah Resources$0
378th↓Black Rock Mining$0
379th↓Black Star Petroleum$0
485 listed resources companies ranked by revenue.
Source: Morningstar

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