financial problem
Murchison Metals (MMX) is struggling to keep its head above water as it admitted to facing grave financial challenges. The junior said it would be unable to bankroll the $5.94 billion Oakajee iron ore port and rail network in Western Australia.
Mark Hooper, the incoming chief of Sigma Pharmaceuticals Limited (SIP) has signalled that the company can survive in the industry without facing a takeover and he termed the recent tilt by Aspen Pharmacare “opportunistic”. It is to be mentioned that Mr. Hooper is currently working as the chief finance officer for Paperlinx and worked for the group from the year 2001 to 2006. Mr.
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Top 150 Public Companies Listed on the Australian Stockmarket as at 29/05/2009
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- Westpac Banking Corporation (WBC)
- Commonwealth Bank of Australia (CBA)
- National Australia Bank (NAB)
- Telstra (TLS)
- ANZ
- News Corporation (NWS)
- Woolworths Limited(WOW)
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- Rio Tinto
- Westfield Group (WDC)
- Westfarmers Limited (WES)
- QBE Insurance
- CSL
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- Santos Limited (STO)
- AMP Limited (AMP)
- Macquarie Group (MQG)
- Foster’s Group Limited (FGL)
