Business

Movers

Hedge funds take control of Slater & Gordon

Slater and Gordon is battling an exodus of senior talent, with its long-standing head of industrial relations the latest ...

Class action law firm Slater & Gordon is set to be owned by a consortium of international hedge funds after agreeing to a bailout that will see it emerge with a new board and strategy.

ASX ends 'subdued' earnings season

Outlook guidance for next year is less certain than it was.

The ASX emerged from August reporting season deflated by a mildly disappointing month of profit results, and undermined by heavy losses in big names.

Advertisement
Investors are playing it safe.

8@eight: $A heading for US80c

The ASX is set to start the day in positive territory while the greenback weakness has the Aussie dollar heading towards US80c.

The ASX had a poor start to the week as earnings season winds down.

ASX heads south as banks weigh

More bad news for CBA shareholders and a broker downgrade to Qantas weighed on shares in the final days of earnings season.

Currencies

Wholesale Interbank Rates
Currencies Buys ($AU1) Sells ($AU1) $ Mvmt % Mvmt
AUD/USD 0.795 0.7948 0.0044rise 0.56% rise
AUD/EUR 0.6678 0.6674 0.0025rise 0.38% rise
Updated: September 1, 2017 - 6:39AM

Floats & IPOs

Upcoming IPOs
Company Security Code Float date Issue $
Fat Prophets Global Property Fund FPP 13/09/2017 1.10
The GO2 People Ltd GO2 22/09/2017 0.20
Mayur Resources Limited MRL 01/09/2017 0.40
MCP Master Income Trust MXT 09/10/2017 2.00
RightCrowd Limited RCW 18/09/2017 0.30
Registry Direct Limited RD1 16/10/2017 0.20
Riversgold Limited RGL 11/09/2017 0.20
Scout Security Limited SCT 25/08/2017 0.20
Stirfire Limited SFS 29/09/2017 0.20
TNT Mines Limited TIN 01/09/2017 0.20
Titomic Limited TTT 13/09/2017 0.20
VGI Partners Global Investments Limited VG1 28/09/2017 2.00
Windlab Limited WND 23/08/2017 2.00

ASX - 52 Weeks Highs

Code Name New Highs Last Week Last Month
CE1 CALIMA ENERGY 0.049rise 0.011 0.049
HE8 HELIOS ENERGY LTD 0.030rise 0.018 0.030
RLE REAL ENERGY CORP 0.130rise 0.081 0.130
OMH OM HOLDINGS LIMITED 0.430rise 0.325 0.430
RIE RIEDEL RESOURCES LTD 0.032rise 0.025 0.032
MAR MALACHITE RESOURCES 0.005rise 0.004 0.005
UPD UPDATER INC 1.530rise 1.260 1.530
NBL NONI B LIMITED 2.400rise 2.020 2.400
VMX VALMEC LIMITED 0.225rise 0.190 0.225
JRV JERVOIS MINING 0.165rise 0.140 0.165
Updated: August 31, 2017 - 6:50PM

ASX - 52 Weeks Lows

Code Name New Lows Last Week Last Month
RCP REDBANK COPPER LTD 0.001fall 0.002 0.001
VRC VOLT RESOURCES LTD 0.015fall 0.021 0.015
SFH SPECIALTY FASHION 0.290fall 0.405 0.290
PRO PROPHECY INTERNATION 0.430fall 0.600 0.430
SM8 SHARK MITIGATION 0.042fall 0.055 0.042
SP1 SEARCH PARTY GROUP 0.004fall 0.005 0.004
IDA INDIANA RESOURCES 0.050fall 0.060 0.050
CUE CUE ENERGY RESOURCE 0.045fall 0.053 0.045
GOO GOOROO VENTURES LTD 0.085fall 0.100 0.085
FE8 FASTER ENTERPRISES 0.078fall 0.091 0.078
Updated: August 31, 2017 - 6:50PM