Junior aims high
Article Abstract:
When rumours spread that Australian lead-zinc mining company Pasminco was close to collapse, panic selling of the company's stock resulted in a price drop from a record high of AS$1.13 to a record low of 21.5 cents per share. The company's reassurance that it could meet its commitments brought buyers back and took the price up to 29.5 cents, but analysts predict a loss of AS$70 million for 2001.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 2001
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Miner looks to clean up its image
Article Abstract:
Failed prospecting company Golden Hills Mining has been transformed into a communications technology company called Davnet, and its stock price increased to 37 cents from a low of 13. Another prospecting firm, Cardia Mining, is changing its name to Cardia Technologies. It will be entering the field of water purifying devices using electro-coagulation technology.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 1999
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Wild about the buoy
Article Abstract:
Suggestions are presented on why Australian company Sonarcom, which is developing a series of acoustic surveillance buoys that can be applied to commercial and defence projects, is a good investment. Although Sonarcom's stock is at a low for the year, the company's financial situation and its board and management team are strongly in its favour.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 2001
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