Indecent disclosures

Article Abstract:

The Australian law, Listing Rule 3.1, that requires companies to publicly disclose information that may explain why their stock prices have suddenly and significantly changed has been inadequate. A clause in the law protects companies from disclosing any confidential information. Consequently, stock prices have risen sharply immediately before companies announce significant business deals but the companies do not have to disclose any information after the change in stock price because the information is, according to them, a confidential matter.

Australia, Laws, regulations and rules, Stock-exchange, Stock exchanges, Disclosure (Securities law), Insider trading in securities, Insider trading (Securities)

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Ups and downs

Article Abstract:

Phil Crabb and Ken McMahon are two of Australia's most enduring mining entrepreneurs. Crabb became a very rich man after he sold his stakes in Gasgoyne Gold, the company that discovered the Yilgarn Star gold in Western Australia. McMahon created Mineral Securities Australia, which became a major mining house and the biggest speculative share trader.

Management, Natural resources, Mineral deposits, Mines and mineral resources, Mining, McMahon, Ken, Crabb, Phil

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Revival: new ventures

Article Abstract:

Australian mining entrepreneur Danny Hill is preparing to pursue his interests in gold, base metals, uranium, and petroleum. Hill has a sizeable portfolio of property and other investments which include shareholdings. Similarly, Kevin Parry is working as a principal consultant and is involved with a technology group.

Entrepreneurship, Western Australia

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