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Month: March 2019

Stock Sigma Healthcare (SIG) $0.51  as at 13/03/2019 Australian Pharmaceuticals (API) $1.35 as at 13/03/2019 Event Two of the listed pharmaceutical wholesalers have slumped today following an announcement by the Sigma board that they would not recommend the takeover offer by rival Australian Pharmaceuticals. Late last year, API offered $0.23 in cash and 0.31 API shares […]

  • Posted in ASX:API, ASX:SIG
  • Comments Off on Sigma (SIG) board rejects API advances, shares slump

Stock Orica (ORI) $18.36 as at 12/03/2019 Event Mining chemicals & explosives company Orica is trading higher today, outpacing the ASX200 index with a ~2% gain this morning. The explosives space has long been the subject of consolidation whispers and news articles today suggest we are getting closer to a deal. The Australian reported that […]

  • Posted in ASX:ORI
  • Comments Off on Orica trades higher due to takeover rumours

Stock Newcrest (NCM) $25.16 as at 11/03/2019 Event Newcrest is rallying today after announcing plans to buy  a 70% stake in a Canadian gold & copper mine held by Imperial Metals for $US 806.5m, funded in full from cash and bank facilities – prior to the deal, NCM had $3b available to it. Imperial Metals […]

  • Posted in ASX:NCM
  • Comments Off on Newcrest (NCM) is rallying today. Why?
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