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Magma directors back Panoramic bid

Panoramic Resources has moved a step closer to completing its $40 million takeover of Magma Metals, with the target recommending its shareholders accept the bid.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 30/04/18

1 year TSR5 year TSR
119thPanoramic Resources97%16%
459thGrand Gulf Energy0%15%
584thStrike Energy-22%-9%
640thMatsa Resources-31%-14%
721 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

01/03/18
$14k Issued
01/03/18
$4k Issued
14/02/18
$43k Sold
Total value as at the date of the transaction
Source: Morningstar

Revenue

60th↓Panoramic Resources$9.1m
74th↑Zeta Petroleum$4.1m
75th↓Strike Energy$3.7m
78th↓Matsa Resources$3.1m
79th↓Grand Gulf Energy$3.1m
506 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Panoramic Resources

67thPeter Harold$889k
257thTerry Strong$447k
269thTrevor Eton$437k
Ranked by total remuneration from all listed WA companies

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