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Ramelius launches $92m bid for Dioro

Avoca Resources' recommended takeover offer for Dioro Exploration has been trumped by Adelaide-based Ramelius Resources, which today launched a superior $92 million all-scrip offer for the gold miner.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Top 10 Shareholders

Source: Morningstar

Total Shareholder Return as at 28/06/19

1 year TSR5 year TSR
31stMount Gibson Iron149%12%
123rdPerseus Mining36%7%
170thRamelius Resources25%57%
288thWestgold Resources1%
429thBase Resources-19%-5%
731 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

03/06/19
$300k Issued
03/06/19
$1.3m Sold
03/06/19
$300k Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

15th↑Perseus Mining$383.8m
16th↓Westgold Resources$376.6m
17th↑Ramelius Resources$341.8m
18th↑Mount Gibson Iron$320.6m
19th↑Base Resources$269.0m
488 listed resources companies ranked by revenue.
Source: Morningstar

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