While it was quiet trading in Australia last week because of a major thoroughbred carnival they hold annually down under, there's a lot about to happen in most sectors as their eyes return to the bourse away from the bookmakers. We suggest you look closely at the following:
United Uranium (ASX: Code: UUL). We've had these on a watch list for some time and they're now moving quickly as the government starts to relax uranium export policy and UUL seems a good takeover target.
Automotive Technology (ASX: Code: ATJ) 50% rise last week but expect more as Stateside and Asian joint ventures are announced with their products possibly becoming standard for Korean and Malaysian car manufacturers. A steal at their current price.
GBM Resources (ASX: Code: GBZ) Gossip persists about a deal but no real announcements. They are looking for production JV's with Asian partners in their Phosphate and Gold/Copper tenements. Look to share price of 35c+ soon.
K2 Energy (ASX: Code: KTE) Pending resolution of legal matters should see meteoric rise in this penny dreadful. Major oil assets in their portfolio.
Prima Biomed (ASX: Code PRR) SPP being well subscribed and look to institutions positioning themselves. Divestment of non-core products with attached royalty agreements and rumoured major broker analysis report showing share price should be well up on today's prices before Xmas.
Emergent Resources (ASX: Code EMG) Announcements coming at a trickle but after China JV and excellent drilling results to come could make this a major Iron Ore Stock. Current Price is $0.85 cents
Tasman Goldfields (ASX: Code: TGX) Expecting a change of management in near future could see major rises.
Heathlinx (ASX: Code: HTX) An emerging Australian biotech in the popular diagnostic sphere. Seems to be following the "same path" as (Dendreon Nasdaq: DNDN) and (Prima BioMed ASX Code: PRR) including the New York financing. Worth a punt to hold for a month or so.
We at WSF make no financial gain from mentioned stocks.
