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Xstate downgrades Bombora deal

Perth-based Xstate Resources have dropped their target of gaining 100 per cent control of Bombora Energy in an amended heads of agreement that will see them acquire 75.9 per cent of the shares on issue.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Top 10 Shareholders

Source: Morningstar

Total Shareholder Return as at 28/06/19

1 year TSR5 year TSR
457thXState Resources-23%-36%
731 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

06/12/18
$15k Issued
06/12/18
$35k Issued
06/12/18
$15k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

th-XState Resources$528k
488 listed resources companies ranked by revenue.
Source: Morningstar

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