Takeover rejected by RMC directors over value doubts
£28M takeover by Mixed Concrete Colonial Sugar and Blue Metal was turned down by RMC directors led by Chairman J G Palmer who argued the offer undervalued RM C shares. Two directors said they would accept for their own holdings. Palmer warned market price volatility and potential pressure on values if accepted.
MENTIONED IN THIS ARTICLE
J. G. Palmer
Blue Metal
R.M.C
Blue Metal Industries
CSR
G. J.dingle
N. A. Par
Doe
Palmer
Rea Mixed Concrete
C.S.A
B.M.1
R.M.1
C.S.R
Wana
Rm.c
C.5s.r
Barrow Island Desolate Desert Island Off West Australia
Barrow Island is a barren oil field site 60 miles north of Onslow and 40 miles offshore. It is a desolate limestone and sandstone island with high tides and frequent cyclones, hosting sparse fresh water, spinifex vegetation, groves, and a small fauna used for a museum study.
MENTIONED IN THIS ARTICLE
Perth
Barrow Island
West Australian Petroleum Co
Onslow
West Australian
Arrow
Montebellos
Beagle
Wapet
Barrow
Courtaulds ICI divorce wins shareholder approval
London shareholders of Courtaulds approved a multi million pound divorce scheme in which ICI relinquishes its large Courtaulds stake in exchange for Courtauld's interest in British Nylon Spinners. Sir Dallas Bernard urged continued friendly relations as the group moves toward new partnerships.
MENTIONED IN THIS ARTICLE
London
A.a.p.reuter
Courtaulds
Lc.i
Courtauld
Dallas Bernard
Ict
Aman
Comen
Cantle and SEAQ Market Notes Absorb Aust Firms
Fragmentary ledger style clipping lists numerous Australian stocks and brands including Aust m8 ACT, Aust Nat Dregon, BHP, Cahills, Bushells, Belambi, Brambles, Browns, Burns, Caesar, Com. Cry., Country TW, Cyclone, Dunlop, Felt and Te, Freight ers, GE, J. Stedman, J. Wallace, Marchant, McDonald, Penfolds, Pioneer Sage, Pye, Reed Paper, Sam Allen, Scott’s, Wattyl, Ravenshoes, Shaw River, and Waugh. Indicates trading activity, prices, and varied company references from a dense market page.
MENTIONED IN THIS ARTICLE
BES. & A
Belambi
Merc
New Adelaide
Astor Head
Besser
Brambles Browns
Wham
Burns
Palmer
Crane Gihwonm Ve
Gollin
Harden J
H. James
MH. Pford
Inter
Haderis
Retie
Stedman
Wallace
Bayley
JB. Young
Jordan C
Kay Corp
Koloten
LJ. Hache Ie Malo
Marchant
U M. Clarke
Mark Foys
I M. Bright
P& R
Pioneer Sage IM Prestige
Pye
Reed’ Paper A RJ
Murry
Sam Allen
Savoy Corp
Scotts Wa South & Lane
Mis
Franks
Pia Waugh
J W.c
Renison
Ravenshoes Naug
Shaw River West Titan
Oils Dominate In Sydney Markets Amid Mixed Trading
Sydney stocks kept oil shares in the lead as market activity remained uneven. News of two new oil discoveries and gains in Ampol and Santos buoyed sentiment, while steel and mining counters showed limited movement and overall turnover lagged. Offshore and domestic oil groups led gains, with multiple names like Amalgamated and Beach Petroleum posting modest rises in a cautious trading session.
MENTIONED IN THIS ARTICLE
Sydney
A.U.P
C.S.R
Queensland
Phil
Ampol Exploration
A.A.O
Beach Wil
Oi Investments
Papuan Apinaipi
Santos
Stock option ticker wraps Sydney to Canberra trading
Readable listings show stock option transactions across Sydney Melbourne and Canberra yesterday with contract types and expiration months. Entries include ONE-MONTH CALLS ONE-MONTH STRADDLE and THREE-MONTH PUTS with various strike prices and volumes, mentioning firms and traders such as Santos Ampol Ex and Jas Stedman alongside dates and market codes.
MENTIONED IN THIS ARTICLE
Sydney
Melbourne
Canberra
Beow
Ara@chels
Interstate
Exywear
Santos
Inflation risks eyed by National Bank in Australia
The National Bank of Australasia warns inflation could destabilize the economy next year despite excellent conditions and near full employment. While buoyant in car and durable goods sectors, competition remains fierce and profits lag turnover, with excess money shifting to savings and a risk of reduced business confidence.
MENTIONED IN THIS ARTICLE
Courtauld
National Bank of Australasia
Bank Worms
National Bank
Competiton
Commerce
Iinistry
Canberra
McColl Interstate Transport Pty. Ltd
Sydney
Melbourne
McColl Interstate Transport By. Ltd
A.C.T
Ing
Sete Te Aa
Isa ‘Street
Fyshwick
Alton Oil Cheaper to Market Through Moonie Pipeline
Brisbane reporters note Minister Evans says Moonie to Brisbane oil line could be a common carrier. With boosters the line would carry more oil. The minister cites bright prospects from a new strike and describes improved oil utility and lighter gravels for transport.
MENTIONED IN THIS ARTICLE
Brisbane
Thursthan
Dringeiet
Mines
Mr. Evans
Ns Vally
Mir
Evans
British press revival signals new daily and supplements
London leaders forecast a revival in journalism as mergers ease. William Rees-Mogg, president of the Institute of Journalists, notes forthcoming national daily papers and new supplements. The Sunday Times plans a business section and evening editions are eyed in multiple cities.
MENTIONED IN THIS ARTICLE
London
A.A.P
The
Institute of Journalists
William Rees-Mogg
Finade Eaet Alot
Sunday Times
Also Mentioned on This Page
Tonkin Plasto Hepworth & CO
Sydney Stock Exchange
Lend Lease House
Canberra City
Mead Office
Omce
Hunter Street
Amp
Sydney Wallongen
Lake Credits ‘Co. Pty
Northbourns Aver
P.O
Gerema
J. Fitzhardinge
Merthbourne Avenue
N.S.W
Ampol Petroleum Limited
New South Wales
Board of Directors
A. T. Purdey
Commonwealth
R.M.L
Amece
Atescabarte
Tll Oi Exploration No Drilling Beean
Barrowsu
Indian Ocean
ICI
Queanbeyan
RON Hill End CO
Mobil
Clark
Dregon Besser
Warner
Brad Cotton
Brooker
Bushells
Cahills
Main
TV Corp
Tennyson
Olbra
Marrickvil Thies Chae
Tom Piper
Tulloch
Vale
Mindrill
Music House
Il Wo Waltons
Nat Consol
EA Greenwood Rivers TV
Westfield Wa Elder Mort
Whitechield
White Ible
Hiller
Carson
Fairymead
Woolworths
Motes
Wink Palgrave
Carpanter
Stephens Paynter Refi Peko
Young Hustand Fibre
Williamy
Morran
GG Clarke
Protector
Pacific
Tna
Hammes
Symonds
Beach
Smith Ha
Busheaster
Clarence Aw
Hunter
Formont
Hutter
Smith Son
OWL Invest
Apinaip Fe
Talou
Uni Uran
Makurapau
Toray
NW Tan
Commonwealth Statistician
K. M. Archer
F Reese
EIL
Une
Australia
Murket
Thern Rivers TV
Western
Kaigurli
Great Boulde
Paringa
Emperor
Lake View
S Tar
Mount Lyell
Broken Hill Props
Broken Hill South
New Broken Hill
North Broken Hill
Rio Tinto Zinc Bearer
Rio Tinto Zing
J. Z. Industries
Ain
CHE. O
Jas Stedman
Ain Lmc
Waugh & Jos Ae
Sthold
AMI
Kamunting
Lake George
Mount Iisa
Woodside Gas
Sik
Sanioe
Woodside
Clarence Pel
Alton
Jon Apri