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Mindax may face board upheaval

Burswood-based resource explorer Mindax Ltd faces the possibility of a board spill after it declined to offer a position to shareholder William Wang, who said the company does not adequately reflect its Asian-based shareholding.

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Mindax (MDX)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Top 10 Shareholders

Source: Morningstar

Total Shareholder Return as at 31/05/19

1 year TSR5 year TSR
thAldoro Resources
350thAlara Resources-10%-20%
469thAnglo Australian Resources-27%41%
623rdMindax-50%-40%
790thAmani Gold-77%-23%
728 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

20/05/19
$50k Issued
13/12/18
$0 Sold
13/12/18
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

322nd↑Mindax$10k
358th↑Alara Resources$0
359th-Aldoro Resources$0
361st↓Amani Gold$0
362nd↑Anglo Australian Resources$0
484 listed resources companies ranked by revenue.
Source: Morningstar

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