Panel rejects Tap application

The Takeovers Panel has rejected an application by Tap Oil claiming its two biggest shareholders had become associated, with the panel refusing to make a declaration of unacceptable circumstances.


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Tap Oil (TAP)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/03/18

1 year TSR5 year TSR
620thTap Oil-30%-36%
716 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$0 Issued
$0 Other
$0 Issued
Total value as at the date of the transaction
Source: Morningstar


th-Tap Oil$57.6m
508 listed resources companies ranked by revenue.
Source: Morningstar

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