In Australia, yesterday’s ASX 200 journey above the 5000 level turned out to be short lived with markets falling from the opening bell, closing 0.3% softer at 4984, but off the lows of the session. With the…
Read more about Australian Stock Market Wrap 4-16-10Market Analyst says Lihir Gold (LGL) takeover bid might go higher
An analyst observing the Lihir-Newcrest situation said yesterday that Lihir’s takeover valuation is now between $3.87 and $6.50 a share. Its basis for the valuation was taken from the recent deals…
Read more about Analyst says Lihir (LGL) Shares takeover bid might go higherThe Australian share market strengthened today, thanks to strong showings in energy and mining stocks. The All Ordinaries Index (XAO) rose 32.8pts or 0.7pct to 4925.9 while the S&P/ASX 200 Index (XJO) firmed by 32.2pts or 0.7pct to 4907.7.…
Read more about ASX Market Wrap 4-1-10