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Tap flags company sale amid takeover threat

Perth-based oil and gas company Tap Oil has launched a strategic review process that includes the possible sale of the business, after one of its substantial shareholders proposed a board shake-up.

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Tap Oil (TAP)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/06/18

1 year TSR5 year TSR
264thTap Oil36%-27%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

15/06/17
$0 Issued
15/06/17
$0 Other
29/05/17
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

th-Tap Oil$54.5m
507 listed resources companies ranked by revenue.
Source: Morningstar

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