Sify (Free subscription) | 14 hours ago
'Lightning fast buck', 'the fastest gun in the market' and 'high tech trader' are some of the phrases being used by the Australian media to describe the mercurial rise of a derivatives trading whiz-kid, Dinesh 'Danny' Bhandari.
The Telegraph India (Free subscription) | 11/05/2009
Calcutta, Nov. 5: Jindal Steel and Power Limited has a new competitor in the race to acquire Australian coal miner Rocklands Richfield.
News.com.au (Free subscription) | yesterday
EXCLUSIVE: INVESTIGATORS fear Firepower boss Tim Johnston used a crudely forged letter from Australia's corporate watchdog to lure many more innocent investors.The letter has been uncovered by investigators from Perth-based litigators IMF (Australia) who are representing 500 small investors who have lodged claims of $40million.The letter, allegedly from the Australian Securities and Investments...
atHome Top Story (Free subscription) | 11/06/2009
Australian toll-road operator Transurban Group has rejected a takeover proposal from the Canada Pension Plan Investment Board and the Ontario Teachers' Pension Plan of $6.5 billion.
News.com.au (Free subscription) | 11/06/2009
DISCREDITED Firepower boss Tim Johnston surrenders his passport, complying with a court order after being slapped with a travel ban in Australia.The formerly Perth-based businessman is understood to have been living in London for some time but arrived in Australia on Tuesday, reportedly to visit family.The Australian Securities and Investments Commission (ASIC) moved swiftly on news of...
Sydney Morning Herald (Free subscription) | 11/04/2009
Firepower boss Tim Johnston has reportedly flown back to Australia, forcing a scramble by authorities to prevent him leaving the country again. The corporate watchdog, the Australian Securities and Investments Commission, has applied to the Federal Court to prevent Mr Johnston leaving the country, and was last night trying to alert every Australian airport
Beattie's Book Blog (Free subscription) | 11/04/2009
Melbourne Based Bookstore Owner Redgroup May Float Before Christmas After Strong Earnings Book2Book report - Wednesday 04 Nov 2009 Speculation is growing that Melbourne-based bookstore owner RedGroup may list on the Australian Securities Exchange before Christmas after the company posted impressive results. RedGroup, which owns the Angus & Robertson chain in Australia, the Borders...
Indian Express (Free subscription) | 11/05/2009
JSPL will, however, be entitled to revise its proposal to match the superior takeover offer. Rocklands, in its statement to the Australian Securities Exchange (ASX) said, “The directors of Rocklands have written to Jindal notifying them of the Meijin Proposal and to invite Jindal to revise its proposal to match the Meijin Proposal by 6 pm (Perth time) on November 4.” However, neither...
Market Wire (Free subscription) | 11/04/2009
TORONTO, CANADA (MARKET WIRE) Luiri Gold Limited (TSX VENTURE: LGL) ("Luiri Gold") is pleased to announce that Euroz Securities Limited ("Euroz") has successfully completed the raising of A$8 million (approximately C$7.69 million) to advance exploration at its Luiri Hill Gold and Nambala Iron Projects in Zambia.
News.com.au (Free subscription) | 11/05/2009
He has been served with an injunction that keeps him in the country to face questions from the Australian Securities and Investments Commission, which has been investigating the company. The papers were served on Mr Johnston today at the sprawling Gold Coast mansion owned by his wife after he slipped into the country earlier this week. Liquidators have also obtained an order today that...
Securities Docket (Free subscription) | 11/04/2009
As previously discussed here , a recent court decision by Australia’s Federal Court in the Brookfield Multiplex Limited case essentially stopped the litigation funding industry in its tracks. Yesterday, however, the Australian Securities and Investments Commission remedied this problem, at least as relates to existing cases. Full details are available in this post on my Enforcement Action...
Sydney Morning Herald (Free subscription) | 11/02/2009
Department store Myer Holdings Ltd has opened at $3.88 on the Australian Securities Exchange (ASX), lower than its issue price, amid an overall weak market.
The Age (Free subscription) | 11/02/2009
Department store Myer Holdings Ltd has opened at $3.88 on the Australian Securities Exchange (ASX), lower than its issue price, amid an overall weak market.
Courrier Mail (Free subscription) | 11/03/2009
... price. The stock ended 8.5 per cent lower at $3.75.Myer's shares were the top traded stock on the Australian Securities Exchange today, with over 130 million shares changing hands.Mr Foulsham said Myer's volume today was not particularly high, even given the quiet trading day ahead of the Melbourne Cup horse race at 3.00pm AEDT.Rival department store owner David Jones was 11 cents,...
News.com.au (Free subscription) | 11/02/2009
Myer's first trade on the Australian Securities Exchange yesterday was executed at $3.88, short of the $4.10 per share paid by subscribers to the float and below even the bottom end of the $3.90-$4.90 range in which the stock had been offered. By the end of the day, the shares had sunk as low as $3.70 apiece, finally closing at $3.75 -- an 8.5 per cent discount to the issue price, The...
