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Silver Lake says it will offer 0.431 of its own shares for each EganStreet share.

Silver Lake hikes EganStreet bid

Silver Lake Resources has substantially improved the terms of its scrip takeover bid for EganStreet Resources, which disclosed today it had been approached by Adaman Resources with a competing cash offer.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Top 10 Shareholders

Substantial shareholders as published in the annual report.
Source: Morningstar

Total Shareholder Return as at 31/10/19

1 year TSR5 year TSR
27thRamelius Resources204%93%
59thSilver Lake Resources125%33%
94thTribune Resources80%38%
152ndMount Gibson Iron48%15%
410thBase Resources-2%-2%
730 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

28/10/19
$439k Sold
25/10/19
$0 Other
25/10/19
$0 Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

15th↑Tribune Resources$364.7m
16th↑Ramelius Resources$354.9m
17th↑Silver Lake Resources$301.7m
18th↑Base Resources$299.0m
19th↑Mount Gibson Iron$283.0m
485 listed resources companies ranked by revenue.
Source: Morningstar

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