Uranium stocks face risky day on Australian markets
Queensland Mines Ltd and Kathleen Investments Australian Ltd face suspension and possible liquidation as joint talks stall. Shareholders weigh refinancing versus dissolution, with Kathleen’s potential loss around 4.2 million and Queensland Mines exposure tied to Nabarlek exploration delays. Officials warn a withdrawal of support could trigger immediate crashes and heavy losses.
MENTIONED IN THIS ARTICLE
Queensland Mines Ltd
Kathleen
Investments Australian Ltd
Queensland Mines
Sydney Stock Exchange
Kathleen Investments
Queensland
Nabarlek
Syd-ney Stock Exchange
Wr J. 5. Miller
Commies
Athleen Investments
Sider
Northern Territory
Hoa
Woodside to issue 1.4 million new ordinary shares
Woodside-Burmah of NL announced a new issue of 3,000,000 SQ ordinary shares to existing holders at 1 for 4, at 118 dollars each, to fund North West Shelf permit exploration. The offer excludes certain US residents and aligns with contractual permit obligations. The Shell BP consortium holds the North West Shelf permits with Woodside-Burmaha, Walside Oil SL, Mid-Eastern ONL and BOC of Australia Ltd. The group reports proved and probable gas reserves around 45 million cubic feet plus possible reserves of 4.5 million cubic feet, totaling about 18 million cubic feet with small oil reserves. The US interests lie via Woodside subsidiaries.
MENTIONED IN THIS ARTICLE
Woodside - Burmah of
Shell Rohotal
North-West Shelf
Shell Development (Australia
Liberals Back Tariff Bill Amid Industry Commission Shift
Liberal MPs express support for the Industries Assistance Commission Bill, replacing the Tariff Board and expanding review to primary and tertiary industries. Leader Anthony Foresees delay by Country Party to next Autumal sitting, warns of power to dictate policy and potential government weakness. Lib H R Edwards welcomes broader coverage and coordination of industries including transport.
MENTIONED IN THIS ARTICLE
Liberal Party
Country Party
Industries Assistance Commission
Anthony
Autome
H. R. Edwards
Lib. Nsw
Tariff Board
A G refuses to stall trade Bill
The Attorney General for Murphy warns a day’s delay in passing the Trade Practices Bill harms consumers. He notes letters and telegrams seek postponement, but says business leaders should not defer debate in Parliament. Senator Lovn Green (Lib. Vic) pressed Murphy to allow more time for industry leaders to study provisions.
MENTIONED IN THIS ARTICLE
Murphy
Department
Lvor Green
Lib
Vic
Ator Murphy
Indus and Commerce
Gemim
Struggle for A and K Cement Holdings Ends in Heavy Turnover
The battle for control of Australian and Kandos Cement Holdings Ltd heated up on the Melbourne and Sydney stock floors with a record one day turnover of 1,240,915 shares. Melbourne broker A C Goode and C led buying as sales traced $1.56, signaling major institutional holders stepping back while several large life offices appeared to sit on the fence amid ongoing market pressure.
MENTIONED IN THIS ARTICLE
Australian and Kandos Cement Holdings Ltd
Melbourne
Sydney
Yeasterday
A and K
Melborne
A. C. Goode
Basile Tyolis
Davenport Street
Lyons
Hawnesmeano
Iself Basile Tools
Leons
Canberra
Fen Weleck
Aewy
de Foccens
Christos Mhiitsan
Sienssantinote Drutwe
Christos Michalia
Marit Michalis
Elf
Basile Tsolts
Basile
AIDC Expands Holdings In Sydney Listed Firms
The Australian Industry Development Corp AIDC has bought small parcels of Sydney based industrial stocks and received large parcel offers from brokers. Its charter allows a spread of investments and current investments exceed 30 million dollars though the portion in listed securities is unclear. Legislation may broaden its funding by allowing public bond sales.
MENTIONED IN THIS ARTICLE
Australian Industry Development Corp
Poralion
AIDC
Melbourne
Sydney
Scrop
Bond Corp and Tokyo firm form Sun City project venture
Bond Corporation executive chairman Mr Man Bond announced a joint venture with Tokyo Corporation to develop Sun City near Perth. A new company Yan chep Sun City Pty Ltd will be owned 31 percent by Bond and 49 percent by Tokyo, with $10 million paid capital and a project value around $23.385 million. The Japanese partner will provide guarantees for financing through IDB.
MENTIONED IN THIS ARTICLE
Man Bond
Bond Corporation
Yesterdas
Tokwa Corporation
Perth
Yanchep Sun City Pty Lad
Lipanese
Sunys
Wunder
Bond Corporation Aml
Tokyo Corporaton
Bond
Janua
Also Mentioned on This Page
Woodside
Industries Assistance Comision
Struggle For
Ealth OF
Australia
Su-Ar Pty Limited
Sae
Pty Limbee Bumercld Pty Limited
Cudlette
Austrelis
Pty Limited
Treamier
Bet
Webb
Andersen Proprimery Limon
Andl Sinsteses
Crosiald
Limond
London
Capital Finance CO Pry Ltd
Bond Corp In
Sun City’ Venture
Mr Bond
The
Canberra Tones
Behe
Camprell
Canberra Colt
Evans
Deakin
Eto
Ersede
Prine Prine
Jirre
Erie
Frp
Rhea Sranda Sheper Lactoira Wow Cailies
Peter Cask
Shoring
Farrer Shonen Penick
Ampol
Gare Caltes
Meiomph
Eder
Sowers
Math von Geasarh
Cosme
Lander
Medent
Tard Sons
Wyeyard
Fe Melbowrne
Boos
Swanton Syrees
Boirke Seren
Hower Kink
Sarees
McGill
Elizabeth Stree
Flinders
Tokiameimeo
Latar
Mor
Tom
Sundial
Woman's Day
Lilly
Privale Magic Ts
Oben Pen
Nformarinn
Evan Since
Wight
Joan
Toms
Caroline Mary
Brian
Mark
Philip
Susan
Ivan Dee Heuvel
Burthday Tanus
Sakan
Ferguson
Rober
Sonel
Arother
Peter
Jewsit
Jean
Fione
Joy
Feedlson
Robert
John
Bill
Les
Fisie
Brome
Arif
Ule
Yeonne
Trevor
Bachata
Grantham
Connie
Oie Dimas
Daughster
Pal Wemom
Bow Jack
Amd Tarmibs
Arian
Dan
Tarmibs Williams
Mit
San Am
Mubas Anet
Williams
Nur
Alan Tenyery Beret
Jamis
Pat Ont
Hughes
Malvere
Farner Sahel
Ole Ethelish
Diay
Temale Weston Area
Nserrabundah
Amal Zee
Ike
Timi
Fteur
Wght Tan
St Josephs
Owen Creu Lineham
Anis
North de Mtanager
Gil
Arton House
Haneka
Bougainlle
Bagrelor Torrens
Juxury
Tarrens
Wature
Honase
Ll Med Sons
Gus Reg
WSIS
Gil Bene Ham
Duke
Rabh
Poone Mi A. Campbel
Real Future Pty Ltd
Fisher
Gittin
Beck
Curtin Pheer
Cartio
Watson
BR Furn
Camparel
ARRER
Crea
Carson Oor Gar Sales Phono Grasys
Qleasbrya
Oracle
Arper
TJ Wonker
Monaro St
Queanbeyan
T. Fonridger and Sons
Mirror
Waramanga
Ken Power
Braddon
Maria
Gordon
David Pullen
Dore
Alan
Macgregor
Reid
Lthwell
Frank Owen
Canc Cr
Ainsiie
Horage
Ernest. Herbert
C. Kidman
M. Ht
O Rourke
Camberr Queanbe
AEDA
Bitzgerald
Christophe
Southwell
Lave Air
Frank Owncere
Wil
H. O'Rourke
Mnerals
FU Smeg, Oss' Afd
R.o.wellsmore Pty.Ltd
Mawson
Allen Curtis and Partners Pry
Wodemn Plaza
Eacharge
Dave Bowditch
Jane Brikeis
TV Corp
Felevision
6Corporation Ltd
Commonwealth
Treasury
Vereign Food Products Corporation Pay Limited
Robert Tle
Oder
Berm
Onder Sci Romero
Wolibay Varooma
Vass
Wunfatch
Australian Capital Territory
Taatis
Anepheanon Pon Guild
Chistos Criteas
Messrs Gallen. Guild and Johnson
Presign Servce Pte Ltd
Phome
Carol
Winsfr
Horsley Street
Meta Australien
Ioe
Anna
Ankazis
Bill Kot
Higgs
Vera Iggma
Peky Kotselas
Blamey Place Mobell
Sune Market
Simon
Tanevsek
George
Kats
Gallen, Guild and Johnston
Canberra City
Act
Simon Tanevski
Arnes Droving School
Fave
Lumbing
Anberra Boys Scouts Astoc
Gia Scout Hall
Elevision Repair Service
Pho Ieha Hudson
Hume Highway
Bowning
Guadagan
Mr Roberts
Marquis Jackson Cahill
Mort Street
IBM
Nsw
Young Nsw
J. Sutton
Harry Gray
Bruce Beazley
Charnwood Awv
Jennings Industries
Gillesme Sts
Weetangera
Helsia
Ian and Kirk Demebien
Sraddon
Bea
Stu
Carpentere
Coles
K. McGann
Jennings
Sabaha
Flynn
O B. Gore
Beauly
Seothlande
Comaico
Ward
Ssimanl
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