Wesfarmers sells Premier Coal for $296m

The state government has reacted critically to the sale of Wesfarmers' Premier Coal business, with premier Colin Barnett expressing concern over the state's two coal mines being in foreign ownership.


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Disgusting to always be selling National assets to foreigners, not that Westfarmers have any morals at all. Of course the usual commission agent law firms are in the picture. The Chinese are happy to invest in Australia because our certainty and not having to pay political commissions, which is opposite if you are investing in China.

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Wesfarmers (WES)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 30/04/18

1 year TSR5 year TSR
166thSeven Group Holdings69%20%
490thAutomotive Holdings Group-4%2%
593rdSeven West Media-23%-17%
721 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$5k Issued
$11k Issued
$4k Issued
Total value as at the date of the transaction
Source: Morningstar


2nd-Automotive Holdings Group$6,079.6m
3rd-Seven Group Holdings$2,340.3m
4th-Seven West Media$1,679.0m
238 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Wesfarmers

3rdJohn Durkan$5.288m
5thGuy Russo$4.038m
17thRob Scott$1.908m
Ranked by total remuneration from all listed WA companies

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