FML
Focus Minerals (FML) is an exploration company primarily searching for gold and nickel, with tenements mainly in Australia. Key projects are located in the Kalgoorlie-Coolgardie-Widgiemooltha region of Western Australia. The company was listed on the ASX on 13 September 2000. In March 2003, Austminex acquired Focus Minerals Ltd. In June 2005, Austminex exercised its option to purchase the Coolgardie Gold Project, through a Joint Venture partnership with Canadian-based Matador Exploration Inc.
Shandong Group, China's third largest gold producer plans to take a majority stake in junior gold miner, Focus Minerals (ASX:FML). Focus Minerals had taken over Crescent Gold last year. Shandong is offering $227.5 million at 5 cents per share to take a 51 percent stake in Focus Minerals.
- The price will be at a 13.6 percent premium to its closing price on Wednesday – which was 4.4 cents per share.
Focus Minerals (ASX:FML) has made a bid for Crescent Gold (ASX:CRE), valuing the company at around $66 million. The deal put Crescent Gold shares at 6.5 cents a share and is expected to create a $460 million mid-level mining company.
Best Australian Stockmarket Shares on the All Ordinaries for the week, on the Australian Securities Exchange (ASX) this 9th week: 28th February to 4th March 2011. These stocks increased their stock price by the largest percentage on the Australian sharemarket. Other lists of ASX companies by market capitalisation.
Stocks Winner of the Week on the S&P All Ords (XAO) for the week, on the Australian Securities Exchange (ASX) this 7th week: 14th February to 18th February 2011. These stocks increased their stock price by the largest percentage on the Australian sharemarket. Other lists of ASX companies by market capitalisation.
S&P All Ords Shares Losers companies for the week, on the Australian Securities Exchange (ASX) this 3rd week: 17th January to 21st January 2011. These stocks decreased their stock price by the largest percentage on the Australian sharemarket. Other lists of ASX companies by market capitalisation. Worst Performers on the ASX All Ords last week.
Best Performers on the S&P All Ords companies this week, on the Australian Securities Exchange (ASX) this 2nd week: 10th January to 14th January 2011. These stocks increased their stock price by the largest percentage on the Australian sharemarket. Other lists of Australian companies by market capitalisation.
Shares which underperformed on the All Ordinaries, on the Australian Securities Exchange (ASX) this 46th week of 2010: 15th November to 19th November. These stocks decreased their stock price by the biggest percentage on the Australian stockmarket. Other lists of Aussie companies by market capitalisation. Underperforming stocks on the All Ordinaries include: OKN, PRC, FML, MGX, PLA, MLX, BMN, PPX, IFN, KAR, SBM, AJL, KZL, MMW, BDG.
Stock Scan of ASX 200 Hot Stocks. These stocks increased their share price by the biggest percentage on the Australian stockmarket, the Australian Securities Exchange (ASX) from the last week of trading (44th week of 2010: 1st November to 5th November). Companies discovered in this stock scan includes: GGG, SPH, ASB, CAA, MSF, CDU, FML, SSM, DYL, IGR, FMS, TOE, LNC, RRL, MGX.
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Top 150 Public Companies Listed on the Australian Stockmarket as at 29/05/2009
- BHP Billiton
- Westpac Banking Corporation (WBC)
- Commonwealth Bank of Australia (CBA)
- National Australia Bank (NAB)
- Telstra (TLS)
- ANZ
- News Corporation (NWS)
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- Rio Tinto
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- Newcrest Mining Limited (NCM)
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