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Probably on hols, some news then for you.RWE 12:33:00 3451...

  1. 141 Posts.
    Probably on hols, some news then for you.
    RWE 12:33:00 3451 04/06/2007 (MR) Ferret's MARKET REACTORS - what's hot and what's not
    RWE News
    12:33:020 4/06/2007

    Sydney - Monday - June 4: (RWE Australian Business News) -
    *************************
    Some share price moves to keep an eye on in the market:

    ARROW ENERGY (AOE) up 21c to $2.87: Went as high as $2.98. Has
    risen from $2.40 since Wednesday's announcement it would supply gas to a
    new liquefied natural gas export facility planned for the Port of
    Gladstone in Queensland, in a multi-billion dollar deal that has the
    potential to more than double Arrow's forecast production.

    WORLEYPARSONS (WOR) up 27c to $31.02: Peaked at $31.20. Has
    risen from $28.95 since Thursday's announcement of an engineering,
    procurement and construction management (EPCM) tender win from Emirates
    Aluminium, worth $US75 million and $US85 million to WorleyParsons.

    CENTREX (CXM) up 17.5c to 60c: Has doubled price since
    Wednesday's announcement of heads of agreement with Shenyang Orient and
    Baotou for supply of hematite from the Wilgerup iron ore deposit, and
    memorandums of understanding with Shenyang and Baotou covering the
    Bungalow/Minbrie magnetite deposit.

    WARRICK (WRK) down 9c to 52c: Reacting to two days of rises
    totalling 21c. On Friday Warrick announced a spectacular gold intercept
    of 1 metre at 160 grams/tonne gold within 8m at 22.3g/t gold, along with
    broad copper intersections with high-grade intervals, from its maiden
    drilling program on the Jimblebar and Copper Range projects.

    ITX (ITX) up 13.5c to 73c: The IT software, hardware and
    services group is confident of exceeding the full-year earnings forecast
    contained in its February 22 prospectus by at least 30 per cent.

    RED METAL (RDM) up 7c to 45c: Reinstated after placing 8 million
    shares at 40c to institutional and sophisticated investors. The $3.2
    million raised will go towards uranium exploration. Red Metal also
    reported "very encouraging" silver and lead intercepts at Maronan.

    EMPOWERNET INTERNATIONAL (ENI) at 39c: First of two new listings
    scheduled for today. The 50c shares opened at 55c and dropped to 39c.
    Empowernet runs personal development seminars and associated products
    and services based on intellectual property produced by Anthony Robbins.

    THINKSMART (TSM) at $2.40: Also listing today. The $2.15 shares
    opened at $2.36 and rose to $2.40. ThinkSmart describes itself as an
    international leader and innovator in providing business-to-business
    (B2B) IT financing for transactions between $500 and $10,000.

    MAGMA METALS (MMB) up 6c to 49c: Touched 55.5c after
    intersecting a thick zone of nickel mineralisation at Green Dam.

    MDSNEWS (MWS) down 2.7c to 7.8c: On Friday MDSnews reported the
    Bourse Data business had performed slightly ahead of expectations and
    would make a strong positive contribution to group results while the
    MDSnews business had performed to expectations. But The Cube Financial
    business had underperformed and would make a negative contribution.
    ENDS
    !END



 
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