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Todd launches takeover bid for Rutila

Private New Zealand company Todd Corporation has launched a takeover bid for Pilbara infrastructure developer Rutila Resources, following news yesterday that it has struck a deal to buy an associated iron ore mine from Flinders Mines.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 30/11/18

1 year TSR5 year TSR
thGalileo Mining
265thFlinders Mines1%17%
541stBarra Resources-36%37%
543rdMacPhersons Resources-36%-15%
741 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

291st↑Flinders Mines$49k
294th↑Windward Resources$46k
295th↓Barra Resources$46k
297th↓MacPhersons Resources$43k
298th-Galileo Mining$40k
509 listed resources companies ranked by revenue.
Source: Morningstar

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