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This newspaper page contains 11 articles. Subscribers can read the full text of each article.
Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Dec 24, 1968
Page
3
A terse London noon report notes price movements across commodities with BHP trades quoted at 19-31 in London and Melbourne times showing evening shifts. The fragmented text references various tickers and entities, including Asafa and Mulphyent, with unclear context but indicating active trading and market timing.
The fragment references Sydney Stock Exchange activity with a four month call and a numeric figure 1500. It mentions Weedside and mid-Eauvarny as unclear entities, but the readable bits indicate a financial instrument or option with a 4 month horizon and a price point around 1500.
Consolidated Gold Fields Australia Ld ends its second takeover bid for King Hal Scheolite Limited. KES says after withdrawal, CGF Australia urges shareholders to accept the latest offer. Directors unanimously back the best available proposal.
Disjointed reports show Poke Wallsend Ltd and Australia City Ltd failing to secure required acceptances as Gold Fields withdraws its offer for King Island shares. Values drift around 17 to 180 per unit, with Anglo American and Peko options cited. Market sentiment mixed as exploration interests and theoretical value calculations dominate coverage.
Tropic Minerals governs Al Cons and faced a contested board election at Tropic Minerals. Eight nominations were listed, with several candidates withdrawing before the vote. Five candidates were elected in a show of hands, including Smith as chairman, while others remained linked to Tropic Minerals. The meeting passed no resolutions on association capital changes, though nominal capital was discussed. Director Quinn outlined future plans, stating details would be revealed next year.
Kwikasair plans to bid for Direct Agcep company in a takeover offer for all shares. The bid targets Kowiksair Industries Ltd via a complex arrangement involving Silver Valley and Mid Finance, with advisors Eye-Witt on the dealings and a reported value around 53.23 million. The move follows a report on accounts and an expected nine months review by auditors.
The report outlines holiday dates for major exchanges including Melbourne Sydney Perth Adelaide and Brisbane in Australia along with Antwerp and Brussels in Belgium. It notes closures from December 22 to January 2 with open days on specific dates and references to half days and reopening schedules.
Fragmented report covers Melbourne Main Board proceedings and market activity. Mentions of sales, committee discussions, and a late December holiday adjustment. References to stock exchange timing and a London market note. The piece includes names, figures, and scattered event mentions in a dense OCR style.
The bid for Olding E has been withdrawn as the Sydney broker and adviser Peter Mains Co. indicate the offer was abandoned. About 24 percent of the capital was involved in the raid, and the market reacted with uncertainty as the bid collapsed.
The fragmented text references Mason Kolok and Ozapaper, mentioning shares and a July remark but lacks clear actions, dates, or outcomes. It reads as an incoherent note about a bid or shares involving Mason Kolok and a company, with unclear quotes and figures.
Dividend reductions announced by Coffs Harbour to offset costs from shifting wet and dry plants to new sites. Company said profitability would be affected for about four months as production relocates, with a dividend cut effective January 3.
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