Stocks to watch on the Australian stock exchange at noon on Tuesday:
WPL – WOODSIDE PETROLEUM – up nine cents, or 0.24 per cent, at $37.79
A Palestine power company has been confirmed as first buyer of gas from Woodside’s Leviathan field off the coast of Israel.
CPA – COMMONWEALTH PROPERTY FUND – down 0.5 cents, or 0.4 per cent, at $1.24
DXS – DEXUS PROPERTY GROUP – up eight cents, or 0.21 per cent, at $1.025
Office, industrial and retail property investor Dexus Property Group has added an alternative to its joint takeover offer for the Commonwealth Property Office Fund (CPA).
WCB – WARRNAMBOOL CHEESE and BuTTER FACTORY – down two cents at $9.21
BGA – BEGA CHEESE LTD – down one cent at $4.42
Takeover target Warrnambool Cheese and Butter Factory (WCB) says suitor Murray Goulburn is unlikely to overcome regulatory hurdles that stand in the way of success for its bid.
