Banks in disarray AUSTRALIAN SALES
Bank : stocks closed in disarray yesterday — with the CBC appearing to serve notice that it would not be a pushover for the takeoverintent National Bank. The CBC said it would require more details on the proposed take-over from the National before the board would consider the matter. However, CBC’s chairman (Sir Robert Crichton-Brown) said an issue of significance was- the relativity of the price-earnings ratios of the ANZ’s offer for the CBA and the NationaTs proposed two-for-one share exchange for the CRC. ' CBC shares finished 12c higher at 592 c after trading as low as 550 c
Industrials—Amatil, 220; ACI 200:'. AustFert. 135; Ampol, 190ANZ. 445; APM, 224; ARC, 215;’ ASCProps, 125; Assoc Pulp, 230; Advertiser, 180; Bundaberg, 265; BHP, 1390 and rts 930; Brambles, 305BMI, 195; NSW. 340; Boral, 355 : BurnsP, 315; Carp., 230; CBA, 60fl’ CBC, 592; CIG, 315;'Clvde. 305Comalco. 240; C’maine, 295’; Goal All,' 1230;-Coles, -265; CSR, 660; Containers, 615; Com Union, 63; CUB, 275Dunlop. 123; Elders, 450; Email, 176EZI, 626; Fairfax,'l7s; FibreCom 105; -Fiji,' 260;’ GenPropTrilst. 174; Gerrard, 220; Hardie, 465; Hooker,’. 134; Hanimex, 127; Herald, 255; ICI, 215; DJones, 155; HJones. 440; Kauri,.. 75; Lend Lease, 460; Lifesivers. 295; McPhersons, 178; MLC,-.83O; Motiier, 150; PMorris, 435; Maurißros. 105;. Myer, 186; Natßank. 365; Nat Cons, 185; NewsCorp; 320; Nylex, 175; NZForest, 330; Oakbridoo vs/v ua.-C’--- mo.
Pion Sugar. 172; Petersville, 225; QBEIns, 225; Repco, 152; Rocla, 145 Rothmans, 405; Sleigh, 165: HSmitl 700; Soul, 826: Swan, 185; TNT, 26! Tooths, 255; Waltons, 100; Wormah 380. Mining.—Aberfoyle, 660; Aus’ Dev, 150; Ashton, 210; AssocMi 230; Bougainville, 168; ConsGo) „ 660; Cent Norse, 720; CRA, 420; Er peror, 230; ERA, 175; GemExpl. IV,.' GMKalg, 750; Gold Copper, it Hamersley, 420; HiJlsoGoid. 68: E,?% thlnv, 850; Mid East, 20; Meialsb>s. 100; Mallina, 20; MIM, 465; MtEvru';-. 205; NthßH, 323; Peko, 920:Parih f il 120; Poseidon, 420; QueenMarg. Renison, 990; Robeßiver, 106:Uhp£5 380; Woodsreef, 5; WMC, 490. '. J* Oils.—AmpolEx, .405; AOD.J lt»<S< AOG, 232; Beach, 270;. Bridge,' Hartogen, 850; Magellan, -Pah Cont, 60; SthPac, 75;. Santos; 63i7 Timor, 13; Vamgas. 880; WoodsiiF,£
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Press, 14 May 1981, Page 18
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346Banks in disarray AUSTRALIAN SALES Press, 14 May 1981, Page 18
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