Stocks to watch on the Australian stock exchange at close on Monday:
AQA – AQUILA RESOURCES LTD – down 22.5 cents at $1.805
The share price of minerals explorer Aquila Resources took a hammering after its Japanese joint venture partner pulled out of some of its Queensland coal exploration permits.
BHP – BHP BILLITON – down four cents at $32.54
BHP Billiton has sold a copper mine in the US for $US650 million ($A634.86 million) as the resources giant continues to off-load assets.
DLS – DRILLSEARCH ENERGY – in a trading halt, last traded at $1.19
Oil and gas explorer Drillsearch Energy will raise up to $US125 million ($A122.09 million) through a bond issue to pay down debt.
STO – SANTOS LTD – down three cents at $12.24
Oil and gas producer Santos has committed to a $100 million drilling and appraisal program over the next 12 months in the Northern Territory.
TAH – TABCORP HOLDINGS LTD – up five cents at $3.39
Wagering and gaming firm Tabcorp has reported a 2.6 per cent lift in third quarter revenue to $480.3 million.
WDC – WESTFIELD GROUP – down one cent at $11.58
Queensland government has approved the state’s first Costco store, overriding rival Westfield’s attempt to lock out a competitor.
