Poseidon and Whim Crock lead Australian nickel stocks rally
Poseidon and Whim Crock top a volatile session on the Melbourne Stock Exchange with gains in mining majors and oil plays. Woodside rose as exploration progress lifted sentiment while Western Australian producers posted mixed results amid a $6.2 million turnover.
MENTIONED IN THIS ARTICLE
Guamour
Poseidon
Tod Pilin
Yesters
Sydney
Hates
Greil Hoaldler
Regent
Hamersley Se
Great Boukier
Southland
Lge
Foellie Copper Alver
Sydney Stock Exchange Prices and Oil Index Rise
The Sydney market shows a seventh day advance with the oil index up 4.82 to 135.70. Prices across sectors move, led by gains in energy and materials. Investors keep watch on currency and commodity fluctuations as trading concludes for the session.
Sydney mining and oil notes and political mentions
An OCR filled fragment references Sydney mining and oil topics with partial mentions of Tesla and senators. It mentions Cooper 245 and a June or August date, with scattered names and places, but the text remains garbled and uncertainty limits clear events or outcomes.
MENTIONED IN THIS ARTICLE
Metta Megane
Asmera
Argera
Tesla Gees
Sydney Oil
Nis Senate
Cooper
Ree Benim
Mall
Damentey
Wool Plan to Stay Attractive With Price Averaging
The Australian Wool Commission will continue price averaging for the first half of the next selling season. Interim chairman Mr We Mines announced the plan remains in force though under review. A proposed modification would raise advance payments to growers to 75 percent of the calculated value, up from 60 percent, via brokers and classing notes. The commission plans to present radiating proposals to the government and seeks amendments to the Wool Commission Act while keeping the PAP in operation for at least the next season’s three bale markets.
MENTIONED IN THIS ARTICLE
Commission
We Mines
Yestor Uve
Vinca
Vines
Vines Sant
Ion
Aue Fallen Wool Marking Corporation
TV offer accepted by Richmond Tweed TV Ltd
The Inkcover offer to Housers at 4.3 percent of the shapes was accepted by Northern Rivers Televising Ltd in Richmond. The offer is declared unconditional and will remain open to a date chosen by Northern Rivers.
Changes to speed transfer of scrip
The Commonwealth and State Attorneys-General announce a new ACT ordinance to speed share transfers by extending processing provisions for share splits and transfers. The Standing Committee on uniform regulations urged repealing the 1947 marketable securities law and re enacting an improved framework. The Attorney General said the ordinance, effective July 1, aims to reduce paperwork and delays in transfers.
MENTIONED IN THIS ARTICLE
Atarnes+General
Bowen
Commonwealth
Avtomeys-General
Ant Commonwealth
Teevis
Rnster
Lindeman Philip Morris Australia Reserves Shares
A garbled note indicates Lindeman Philip Morris Australia Ltd reserved a portion of its issued capital for Lindeman Molelings Ltd on May 24. The unclear text references share allocation and capital percentages linked to Lindeman and Philip Morris entities.
MENTIONED IN THIS ARTICLE
Philip. Morris (Australia) Ltd
Lindeman ‘Molelings Ld
Philp
Morris
Wineman
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Woodside
Magellan Oi
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Lane
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Meldourne
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eMeNt
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Ete
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Na Abe
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Abe
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Usabl
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ASEM
Lena
Lng
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Atone Pamese
Homann
Baty
Ras
Savoy
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al Br
Bussiness & Economics
Mr Vines
Lindeman