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Troy extends Azimuth takeover bid

Troy Resources has extended its $188 million takeover offer for Azimuth Resources by two weeks, after failing to secure enough acceptances from existing shareholders to close the bid.

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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
141stRed 525%-4%
171stTroy Resources19%-35%
602ndBlackham Resources-46%-17%
741 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

08/12/16
$228k Sold
07/12/16
$41k Sold
23/11/16
$122k Sold
Total value as at the date of the transaction
Source: Morningstar

Revenue

30th↑Blackham Resources$122.1m
31st↑Troy Resources$116.5m
33rd↓Tiger Resources$113.2m
34th↓Red 5$91.0m
509 listed resources companies ranked by revenue.
Source: Morningstar

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