Well done to us last year: http://www.theaustralian.com.au/business/domestic-shares-turn-in-a-300bn-stunner/story-e6frg8zx-1225815106716
In Australia, resource stocks were prominent among the 10 strongest stocks in the ASX 200, even though the year's best performer was a biotech company, Biota, which rallied 648.4 per cent. Next best was PanAust, which rose 626.7 per cent, followed by Extract Resources, Medusa Mining and Murchison Metals. The worst-performing stock in 2009 was Elders. Its shares suffered a 75.8 per cent collapse in value and it reported a net loss of $466.4 million. Next worst was Prime Infrastructure, formerly Babcock & Brown Infrastructure, which fell 68.6 per cent and which had to be rescued by new cornerstone investor Brookfield Asset Management.
PNA Price at posting:
$2.83 Sentiment: LT Buy Disclosure: Held