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MRRT = "Monster Rort Rushed Through"

"Monster Rort Rushed Through" is the winning slogan in Fortescue Metals Group's minerals resource rent tax (MRRT) Slogan Competition.

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Comments

NSW
Very apt description of the tax ......it is indeed a Monsterous rort that is put in place to divide and conquer the mining industry.As it stands it favours the larger companies who are waiting to gobble up the smaller ones for a song .This will surely kill enterprise and drive Australia into a economic tailspin that we can ill afford.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 31/12/18

1 year TSR5 year TSR
229thSouth321%
258thWoodside Petroleum-0%1%
306thFortescue Metals Group-9%-2%
398thIluka Resources-22%-0%
405thMineral Resources-24%10%
716 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

18/12/18
$0 Issued
30/11/18
$117.6m Bought
21/11/18
$23.2m Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

1st↑South32$10,519.6m
2nd↓Fortescue Metals Group$9,358.7m
3rd-Woodside Petroleum$5,050.0m
4th-Mineral Resources$1,706.7m
5th↑Iluka Resources$1,079.2m
513 listed resources companies ranked by revenue.
Source: Morningstar

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