ABS

Founder and director of collapsed childcare group ABC Learning Centres is seeking to sue ASX listed stockbroker, Austock Group (ASX:ACK). The legal redress being sought by Mr Groves is over a share order which was not executed. Austock received a letter of demand from the lawyers acting for Mr Groves.

ABC Learning (ABS) was the overall worst performing stock taking in a 23.47 percent decrease. Among the worst performing stocks for the week 27 of 2008 of the Australian sharemarket were a mixture of education services, mineral export, energy, and mining and exploration: ABC Learning (ABS), Fortescue (FMG), Queensland Gas (QGC), Perilya (PEM). These worst performing stocks for the week 27 of 2008 recorded losses above 14.15 percent by the end of the trading week.

ABC Learning was the overall best performing stock - taking in a 57.53 percent increase in their share price this week. It was a mixture of learning services, energy, support services, and mining companies who were among the best performing stocks for the week 26 of 2008 of the Australian sharemarket: ABC Learning (ABS), Paladin Energy (PDN), Brambles (BXB), Iluka Resources (ILU). These best performing stocks managed gains above 15.32 percent by the end of the trading week.

St. Barbara was the overall worst performing stock taking in a 31.25 percent decrease. Among the worst performing stocks for the week 23 of 2008 of the Australian sharemarket were a mixture of education services, toll road development and management, aviation, metal and mining, property funds management: Transurban Group (TCL), ABC Learning (ABS), Macquarie Airports (MAP), St. Barbara (SBM), APN/UKA European Retail Property (AEZ). These worst performing stocks for week 25 of 2008 recorded losses above 15.38 percent by the end of the trading week.

Babcock & Brown was the overall worst performing stock taking in a 51.96 percent decrease in their listed company value. It was a mixture of investment, fund and asset management, learning services, infrastructure services and energy companies who were among the worst performing stocks for the week 24 of 2008 on the Australian sharemarket: Babcock & Brown (BNB), ABC Learning (ABS), Babcock & Brown Infrastructure (BBI), Babcock & Brown Power (BBP). The majority of the worst performers for the week were attached to Babcock & Brown Group and it was the highlight of the week.

Minara Resources (MRE) was the overall worst performing stock in either f the ASX100 and ASX200 indices taking in a 18.56 percent decrease in their share price on the Australian stock exchange. Although the overall loser on the Australian markets this week goes to Clive Peeters (CPR) which shed 25 percent closing the week at 50 cents.

AED Oil was the overall best performing stock taking in a 17.54 percent increase. It was a mixture of learning services, financial services, property investments, and oil companies who were the best performing stocks for the week 20 of 2008 of the Australian sharemarket: ABC Learning (ABS), St. George Bank (SGB), Valad Property (VPG), AED Oil (AED). These best performing stocks managed gains above 20.33 percent by the end of the trading week.

Centro Properties (CPN) was the overall best performing stock taking in a 42.10 percent increase. Among the best performing stocks for the week 14 of 2008 on the Australian sharemarket were a mixture of retail, learning services, project development, iron exploration, and property management: Centro Properties (CNP), ABC Learning (ABS), Leighton Holdings (LEI), Sundance Resources (SDL), APN UKA European Retail Property (AEZ). The best performing stocks for the week 14 managed gains above 17.13 percent by the end of the trading week.

Energy Resources of Australia (ERA) was the worst performer with a negative move of 18.2%. Among the worst performing stocks for the past trading week (week 13 for 2008) on the Australian sharemarket were a mixture of child care services, mining, energy and financial services: ABC Learning (ABS), Lihir Gold (LHG), Fortescue (FMG), Energy Resources Of Australia (ERA), Macquarie DDR Trust (MDT). These worst performing stocks for week 13 of 2008 were ranged from 13.8 percent to 18.2 percent in their losses.