Agreed
a bit of good press out there as well
http://finance.ninemsn.com.au/newsbusiness/motley/8471369/3-asx-stocks-that-beat-the-market-last-week
These three stocks managed to top the S&P / ASX 300 Index (Index: ^AXKO) (ASX: XKO) list of risers, although takeover offers certainly help.
Industrea Limited (ASX: IDL) rose 45.6% to close at $1.23, after receiving a takeover offer from US giant General Electric (NYSE: GE), valuing the shares at $1.27. Mining equipment manufacturers appear to be all the rage, with Danish company FL Smidth taking over Ludowici Limited (ASX: LDW) in March 2012, and Essa Australia Limited (ASX: ESS) in 2011. Could Bradken Limited (ASX: BKN) be next?
Hastings Diversified Utilities Fund (ASX: HDF) was up 12.8% to close at $2.38, after receiving two bids for the business. Pipeline Partners Consortium made a bid of $2.38 a share on Tuesday, trumping rival APA Group’s (ASX: APA) bid of $2.06. Investors are obviously hoping for a higher bid, with the share price closing higher than the latest bid.
Buru Energy Limited (ASX: BRU) gained 5.4% to close at $2.75, continuing its strong run over the last 6 months. The share price is up 150% since November 2011, thanks to the first significant oil discovery in the Canning Superbasin of Western Australia since the 1980s. The oil field appears large and therefore has potential to contain significant reserves. Buru holds over 83000 square kilometres over the most prospective parts of the Superbasin. An independent assessment 2 weeks ago estimates that the Valhalla area of the Superbasin could hold up to 15 trillion cubic feet of gas and 432 million barrels of liquids.
etc .........
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7.9¢ |
Change
-0.003(3.66%) |
Mkt cap ! $53.03M |
Open | High | Low | Value | Volume |
8.3¢ | 8.3¢ | 7.9¢ | $1.195K | 14.52K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 99749 | 7.9¢ |
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Price($) | Vol. | No. |
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8.4¢ | 49000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 99749 | 0.079 |
4 | 43914 | 0.078 |
1 | 6700 | 0.076 |
4 | 81333 | 0.075 |
1 | 4000 | 0.074 |
Price($) | Vol. | No. |
---|---|---|
0.084 | 49000 | 1 |
0.085 | 50000 | 1 |
0.087 | 127000 | 1 |
0.089 | 6236 | 1 |
0.090 | 465966 | 1 |
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