Sellers force B.H.P. price down
Closer analysis of B.H.P.’s interim result prompted sellers to move back into the stock in late trading- on Australian exchanges yesterday.
The shares rose from 650 c, to 656 c before slipping back j to 642 c, 4c lower on the day.: B.N.S.W. fell 4c to 580 c, as did C.B.C. The C.B.A. was I down 15c to 250 c. I.A.C. and A.G.C. both' eased but property stocks and most retailers were firm. Macquarie Broadcasting j slumped 15c after news of aj 48 per cent decline in earnings and the omission of an interim dividend, but Bradken jumped 32c to 210 c in < response to the Comeng take-over offer. Most established mining: issues traded firmer, but' rises were generally small,: and gold stocks were in de-i mand throughout the day| after another rise in the bullion price. SYDNEY Sales.— Amatil. 146; Ampol, 46; j Ansett, 65; A.W.A.. 100; Assoc. Sec., 60; A.N.Z., 472; A.G.C., 140;: AN!.. 90; N.S.W., 580; 85; Boral. 175; Borg. 130; Brambles. 128; 8.H.P., 642: Bundaberg, 465; Burns P., 220;
C'maine. 330: Clyde, 85; Coal All. 175; CSR. 398: Coles 114 C.8.C.. 196; C.1.G.. 220; Corn Monier. 108; Courtaids, 28; Emai 62: E.Z.1.. 340: Elders. 180; Fa: fax. 109: F and T, 72; Fibre Con . 92: Hanimex, 125; Hooker, 105: 1.A.C.. 74: D Jones, 15: 1. N.C. 90; Lend Lease, 228; Lifesavers. 163; M.L.C.. 200; MarrickVille 43; Mauri. 95; Myers. 132: N.Z. Forest. 300; Newbold. 89; Petersville. 24: Pioneer Monier, 87: Pioneer Sugar, 450; Protector. 110; Publisher, 128; Pye. 140: Rothmans. 200: Sims. 120; Sleigh. 39: Soul 450: Oakbridge. 51; Thiess, 252; Toohevs. 125; Tooths, 198: T.V.T, 110: Travelodge. 26; Union Carb.. 250: Waltons, 75: Wileox 30: W'wths. 63 Mining, oil. —Beaver Ex., 4j; Bougainville. 120: B.H. Sth. 230: Carr Bovd. 14. Patrick 5: Com. Min . 210: Cons. Gold 290: Cons. Rutl. 205; C.R.A.. 210; Cudgen. 73; East Met. 5: Emperor. 195: GM. Kalg. 228: Hamerslev. 130: Hill 50. 23; Kath Inv.. 92:
M.K.U.. 83; M.1.M., 167; Paringa, 32; Peko 330; Planet Res., 71; Poseidon, 560; Qld Min., 100; I RObe R„ 55; Southland, 20; j IV. 181: Westralian, 59; | Woodsreef. 21; Allodev., 7; Am-1 - pol Ex., 81; A.A. Res.. 183; A.0.G.. 10; Clarence, 4); Oil ( ■ Search, 21; Timor. 20; Woodside, 1 88. MELBOURNE Sales.—A.N.l., 90; Ampol, 46;. Ansett. 65; Assoc. Pulp. 107:' A.C.1.. 155; A.P.M. 106; N.S.VV.J 580; Boral. 180; B.H.P . 638; Comako. 170; Bundaberg, 465; C.U.B Z. 198; Carrier, 69: Coles, 115: GSR. 400: C.8.A., 232: Com. . Union. 40: Containers. 130; Dunlop. 65; Email. 62; E.Z.1., 335; F and T. 71; G.U D.. 170; Herald, 195; Hooker, 105; Humes. 75; ICI, 145: Jennings 113; Kauri, 40; Mayne Nick.. 130; McPhersons, 45: Nylex. 77; P. Morris, 600; Myers. 132; Nat. Bank, 275; Nat. Consol.. 72; Olympic, 53; Overseas; 112: Petersville. 23; Repco, 100; Rocla 100: Sleigh, 37; H.Smith, 370; Swan, 135; T.N.T.J 110. Mining, oiI.—A.A.R.. 184: Aberfoyle, 85; Aust. Dev., 51; Beach,; 14; B.H. Sth. 230; Cent. Norse, (230; Cons. Gold, 292; C.R.A.. 210; ( Gt Boulder, 47; Hamersley. 133; I ! Interstate. 80: Utah. 660; Ma-' gellan. 55; Metals Exp.. 68; ( M.I.M. 167: Oil Search, 21; Silver V. 27: W.M.C., 182, I
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Press, Volume CXV, Issue 33774, 21 February 1975, Page 17
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530Sellers force B.H.P. price down Press, Volume CXV, Issue 33774, 21 February 1975, Page 17
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