Downer bid for Spotless 'crazy and value destructive'
One of the sharemarket's brightest investors reckons the price offered by Downer EDI bid for Spotless makes no sense.
ASX - 52 Weeks Highs
| Code | Name | New Highs | Last Week | Last Month |
|---|---|---|---|---|
| SUH | SOUTHERN HEM MIN | 0.090rise | 0.034 | 0.041 |
| ORM | ORION METALS LTD | 0.039rise | 0.025 | 0.025 |
| TMZ | THOMSON RES LTD | 0.076rise | 0.050 | 0.062 |
| IMC | IMMURON LIMITED | 0.400rise | 0.300 | 0.320 |
| NHL | NOVITA HEALTH LTD | 0.042rise | 0.033 | 0.037 |
| WHA | WATTLE HEALTH AU LTD | 0.315rise | 0.270 | 0.000 |
| MCP | MCPHERSON'S LTD | 1.430rise | 1.240 | 1.350 |
| FRC | FORTE CONSOLIDATED | 0.028rise | 0.025 | 0.020 |
| JIN | JUMBO INTERACTIVE | 2.050rise | 1.840 | 1.880 |
| FLK | FOLKESTONE LIMITED | 1.080rise | 1.005 | 0.985 |
| EQX | EQUATORIAL RES LTD | 0.580rise | 0.540 | 0.500 |
| COY | COPPERMOLY LIMITED | 0.024rise | 0.023 | 0.020 |
| IOF | INVESTA OFFICE FUND | 4.890rise | 4.720 | 4.700 |
| MPX | MUSTERA PROPERTY GRP | 0.300rise | 0.290 | 0.270 |
| TAW | TAWANA RESOURCES NL | 0.195rise | 0.190 | 0.165 |
| SVT | SERVTECH GLOBAL LTD | 0.220rise | 0.215 | 0.000 |
| IHK | ISHS MSCI HK ETF | 29.620rise | 29.130 | 28.330 |
| IAA | ISHS ASIA 50 ETF | 69.650rise | 68.640 | 67.380 |
| VAE | VGD FTSE ASIA EX JPN | 57.080rise | 56.330 | 54.860 |
| RGI | ROTO-GRO INTL LTD | 0.500rise | 0.495 | 0.220 |
| LYL | LYCOPODIUM LIMITED | 3.280rise | 3.250 | 3.120 |
| IEM | ISHS MSCI EMG MKTETF | 52.120rise | 51.680 | 50.960 |
| GMG | GOODMAN GROUP | 7.820rise | 7.770 | 7.635 |
| Updated: March 24, 2017 - 3:54PM | ||||
Stock Watch
ASIC clears Slater and Gordon of manipulating its accounts
The corporate watchdog has dropped its investigation into debt-strapped listed law firm Slater and Gordon after finding no evidence it had manipulated its accounts in the lead-up to its disastrous foray into the UK.
Australian pot stocks reach a new high
Shares of companies involved in the cultivation, production and research of medicinal marijuana have on average soared more than 130 per cent this year.