Stocks to watch on the Australian stock exchange on Monday November 12

LYC – LYNAS CORPORATION – in trading halt, last traded at 80.5 cents

Analysts remain unimpressed by rare earths miner Lynas’s financial position despite this week’s legal win that will allow it to operate a rare earths plant in Malaysia.

MAH – MACMAHON HOLDINGS LTD – steady at 30 cents

Shareholders have delivered MacMahon Holdings its “first strike” over executive pay amid widespread anger over a recent earnings downgrade and a forecast first half loss.

ORG – ORIGIN ENERGY LTD – down 63 cents at $10.42

A profit downgrade and debt worries have sent Origin shares to their lowest level since early 2008, ahead of the company’s annual general meeting on Monday.

ORI – ORICA LTD – down 18 cents at $25

Chemicals manufacturer Orica has booked a $367 million charge against its Minova chemical business ahead of the release of its full year earnings results on Monday.

SDL – SUNDANCE RESOURCES LTD – steady at 36 cents

The Federal Court of Australia has approved a meeting of Sundance Resources’ shareholders to consider Hanlong Mining’s $1 billion plus takeover offer through a scheme of arrangement.