Stocks to watch on the Australian stock exchange on Thursday, Jan 29:
AGL – AGL ENERGY – down 12 cents, or 0.85 per cent, at $14.07
NSW Premier Mike Baird has warned that authorities will “come down like a ton of bricks” if breaches have occurred at an AGL gas field where dangerous chemicals were detected.
AZJ – AURIZON – up eight cents, or 1.7 per cent, at $4.88
Aurizon has reaffirmed its full year rail volumes guidance despite a decline in coal and iron ore volumes in the December quarter.
BKN – BRADKEN – down $1.47, or 35.8 per cent, at $2.64
Plunging commodity prices have killed off an $872 million takeover of engineering firm Bradken.
DLS – DRILLSEARCH ENERGY – up two cents, or 2.65 per cent, at 77.5 cents
Drillsearch Energy says it is on track to meet its full year production target, but a steep drop in oil prices has caused a fall in revenue.
EHE – ESTIA HEALTH – up 37 cents, or 8.3 per cent, at $4.85
Recently listed aged care provider Estia Health says it is on track to meet its prospectus forecasts as more people enter its nursing homes and the number of high care residents increases.
OZL – OZ MINERALS – up 17 cents, or 4.9 per cent, at $3.61
Oz Minerals has beaten its full year production guidance and launched a strategic review of its operations.
VET – VOCATION – suspended from trade, last traded at 25 cents
Vocation chief executive Mark Hutchinson will leave the company after presiding over a devastating few months that began with a brutal smackdown from the Victorian government and ended in an estimated $27 million loss.
