1237 [Dow Jones] Broker says ABN AMRO has put HHG (HHG.AU) on...

  1. 965 Posts.
    1237 [Dow Jones] Broker says ABN AMRO has put HHG (HHG.AU) on its restricted
    list, suggesting the London funds management group might be headed for Dutch
    tie-up, possibly with ING. HHG up on speculation that South Africa's Old Mutual
    will bid A$1.81/share overnight vs last A$1.64, up 9 cents, or 5.8%. ABN AMRO
    not available for comment. (IGP)

    1218 [Dow Jones] Senior dealer says Macarthur Coal (MCC.AU) speculation
    typifies hyped nature of market nowadays. MCC not likely target contrary to some
    reports, dealer says, with share register tight. "The market is moving at
    shadows at the moment," he says. MCC up 55 cents, or 10%, at A$5.85. Adds WMC
    Resources (WMR.AU) off Wednesday highs on Xstrata's improved bid, "is having a
    day off" despite reports Rio Tinto (RIO.AU) may counterbid. HHG (HHG.AU) talk
    has legs, he adds. "This is more likely," he says, referring to talk of Old
    Mutual bid at A$1.81 tonight vs last A$1.66, up 11 cents. (IGP)
 
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