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Azimuth CEO Russell Clarke (L) with Troy Resources managing director Paul Benson.

Troy to mop up remaining Azimuth stock

Troy Resources has moved to acquire the remaining shares it does not already own in Azimuth Resources, after meeting the minimum acceptance provision of its $188 million takeover bid.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/01/18

1 year TSR5 year TSR
259thFinders Resources37%7%
616thTroy Resources-27%-50%
657thTap Oil-33%-36%
709 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↓Tiger Resources$113.2m
31st↑Finders Resources$98.7m
32nd↑Troy Resources$92.2m
33rd↓Tap Oil$88.1m
34th↓Paladin Energy$88.0m
498 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Troy Resources

151stKen Nilsson$641k
Ranked by total remuneration from all listed WA companies

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