Ferret's market reactors RWE 23/04/2008 1:42pm Email to a friend...

Ferret's market reactors
RWE

23/04/2008 1:42pm Email to a friend Print article
Some share price moves to keep an eye on in the market:

BHP Billiton (ASX:BHP) up 43c to $43.95: Production rose for 12 commodities over the nine months to March, with first products delivered from eight projects into commodity markets.

Western Plains Resources (ASX:WPG) down 1c to 92c: Market unimpressed by further increase to Buzzard, South Australia, DSO resource inventory to 14.1m tonnes at an average grade of 63.08pc iron.

Poseidon Nickel (ASX:POS) up 2.5c to 72.5c: With Proto Resources (ASX:PRW) will form a joint venture with the aim of defining and developing a mineable nickel resource at the Menzies project.

Sundance Energy (ASX:SEA) up 2.5c to 35c: Increased its spread of US oil and gas projects.

Australia and New Zealand Banking Group (ASX:ANZ) up 36c to $21.50: Net profit fell 7pc to $1.963bn in the six months to March 31.

Operating income rose 15pc to $6.437bn. Bank will pay a steady fully franked interim dividend of 62c.

Santos (ASX:STO) down 16c to $16.48: Confirmed its guidance for 2008 after it posted first quarter oil production of 13.7mmboe, down 2pc on the prior quarter.

Viralytics (ASX:VLA) up 1.9c to 8.5c: Touched 9.4c after news it has been granted a patent in the US for the use of its family of 4 Coxsackie viruses for the treatment of all cancers bearing expression of the ICAM-1 molecule.

Tamaya Resources (ASX:TMR) up 1c to 14c: Exploration at the Lichkvaz gold project (Tamaya: 86.21pc) has discovered mineralisation close to surface, which is supported by trenching and sampling of ore exposures.

Southern Uranium (ASX:SNU) up 2.5c to 15c: With JV partner Crescent Gold (ASX:CRE) has encouraging results from the Cocky Swamp gravity target in South Australia.

Glengarry (ASX:GGY) up 0.5c to 8.7c: Upgraded the mineral resource for the Maitland project, Queensland, to 1.49m tonnes at 1.48pc copper (0.5pc cut off) for 22,000 tonnes of contained copper metal.