recapitalisation
Australia based Elders (ELD), the company which focuses on core rural and automotive operations saw its market capitalisation reducing to half based on the news of an impending loss for the year to September 30. Malcolm Jackman, the chief executive of the company has announced yesterday that the company may post a loss within the range of $8 million and $14 million for the year where less than a month ago he informed the investors that the turnaround of the company was right on track.
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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)
- Woolworths Limited(WOW)
- Woodside Petroleum Limited (WPL)
- Rio Tinto
- Westfield Group (WDC)
- Westfarmers Limited (WES)
- QBE Insurance
- CSL
- Newcrest Mining Limited (NCM)
- Origin Energy Limited (ORG)
- Santos Limited (STO)
- AMP Limited (AMP)
- Macquarie Group (MQG)
- Foster’s Group Limited (FGL)
