Hamersley Has Hectic Debut
(N.Z. Press Assn.—Copyright) SYDNEY, May 25. Australia’s first listed iron ore venture, Ham-, ersley Holdings, Ltd., made its debut on the stock exchange today amid high drama and a fever of excitement Stock exchanges bustled with frenzied activity and the nation watched the biggest and most widelyspread publie flotation in Australian company history through television and press media. Hamersley Holdings is the first company set up solely as an iron ore company and today’s flotation gave Australian shareholders a 10 per cent direct stake in the giant complex based on one of the world’s biggest deposits of Iron ore in the Hamersley ranges, 650 miles north-east of Perth.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19670526.2.183.10
Bibliographic details
Press, Volume CVII, Issue 31379, 26 May 1967, Page 14
Word Count
112Hamersley Has Hectic Debut Press, Volume CVII, Issue 31379, 26 May 1967, Page 14
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in