STOCKS TO WATCH ON THE AUSTRALIAN STOCK EXCHANGE ON WEDNESDAY, SEPTEMBER 7
AWE – AWE LTD – down 4.5 cents at $1.06
Oil and gas producer AWE says it has several regulatory hurdles to clear before getting the go-ahead to “frack” its Perth Basin shale gas assets.
DAU – DAMPIER GOLD LTD – up three cents at 35 cents
The miner annouces that its Skyhawk drilling confirms wide zones of gold mineralisation.
HVN – HARVEY NORMAN HOLDINGS LTD – down 2.5 cents at $1.995
Offshore websites have failed to dent sales at Harvey Norman, but it hasn’t stopped retailer Gerry Harvey lambasting the media for “deliberately distorting” his imported goods tax campaign. (
LLC – LEND LEASE GROUP – down 17 cents at $7.72
SSM – SERVICE STREAM LTD – down 0.5 cents at 46 cents
TSE – TRANSFIELD SERVICES LTD – down two cents at $2.26
Telecommunications and utilities builder and manager Service Stream Ltd says it has secured a contract to help build the national broadband network (NBN) in Western Australia.
Telecommunications asset and project manager Transfield Services says it has been awarded a $133 million contract to help build the national broadband network (NBN).
OSH – OIL SEARCH LTD – down 16 cents at $5.86
Oil Search says the Papua New Guinea liquefied natural gas (PNG LNG) project remains on track for first production in 2014 while talks with potential joint venture partners for its Papua Gulf assets continue.
QAN – QANTAS AIRWAYS LTD – down 5.5 cents at $1.56
A major pilots union has failed in its bid to have Qantas Airways’ New Zealand subsidiary covered under Australian cockpit crew wages and conditions.
