AUSTRALIA Wormaid in demand

Press, 13 March 1985, Page 36

AUSTRALIA Wormaid in demand

Sydney Australian sharemarkets closed mixed yesterday although strong support for a number of situation stocks pulled the market up from its early lows. Brokers said heavy dealing in Wormaid International was the highlight of trading. Wormaid jumped 37c to $3.50 on turnover of SZM shares, representing more than 7 per cent of the company's issued capital.

The Sydney broker, Constable and Guest, was believed to be seeking 10M Wormaid shares with escalators attached for an unknown buyer, brokers said. The buyer should be revealed in the next day or two.

Arnotts was also bidded up with the price rising 20c to $4.15 on turnover of 130,000 shares. Hooker firmed 1c to $2.09 on turnover of 1.5 M. Among the diversified resource issues, BHP firmed 2c to $5.56 but Bell Resources slipped 8c to $5.66 and CSR 1c to $2.71. The banks closed almost steady after being sold down heavily at the start of business. The ANZ and Westpac finished trading unchanged at $4.32 and $3.34 respectively, but the National Australia dropped 4c to $3.47. The all-ordinaries index was up 0.2 points at 784.1 points at the close. National turnover was 35.1 million shares, worth about sAusts6M, and falls outnumbered rises 204 to 138.

Closing quotes Last Industrial Buy Sell sale ACI 190 193 191 AGC 235 240 238 AMI 212 260 — ANI 252 253 253 ANZ 430 434 432 APM 247 248 248 AWA 582 600 590 Adel Stm — 690 680 Ad’tiser 240 250 240 Allied Ml 326 — 326 Amatil 400 420 — Ampol 183 184 183 Ariadne 48 49 50 Ariadne new 47 48 47 Arnotts 415 416 415 BHP 556 558 556 Bell G 640 — 644 Bond Corp 148 149 148 Boral 334 335 334 Borg-W 245 250 245 Brambles 360 361 360 Bundaberg 185 190 — Burns P 420 424 422 CIG 250 253 250 CSR 271 274 271 C’maine 470 475 475 Coal All 355 360 360 Coles 365 370 365

Comalco 250 252 250 Costain 150 160 160 Dunlop 217 218 217 Elders 319 320 320 Elders opt87 70 80 — Email — 124 124 Fairfax J 630 642 640 GPT 214 216 215 GPT nts — 225 210 GUD 195 — —- G Gotch 305 310 305 Hanimex 84 85 85 HardieJ 306 315 306 Herald 390 400 397 Hooker 208 210 209 Humes 167 169 169 ICI 185 190 186 Impala Ind Equit 626 82 630 80 628 Intr Tech 30 32 31 Jennings 142 145 145 Johns Pry — 370 — Jones Dav — 590 580 Jonray 400 520 510 Kern 125 128 125 Leighton 170 175 170 L Lease 580 — 580 Life Save 340 360 360 MLC 3100 — — Martin Pr 55 57 57 Mayne Nic 318 320 318 McPherson 138 140 138 Monier 170 173 170 Morris P — 560 — Myer 172 174 172 NZ For 185 — 185 NZI Corp 105 106 106 NZI Corp opt86 56 — Nat Aust 342 347 347 Nat Cons 170 172 170 News Corp 1325 1340 1330 Nicholas 205 207 205 OPSM 240 245 245 Oakbridge 70 — 75 Olims 70 75 70 Peters SI 167 169 170 Pioneer C 158 160 160 Pioneer S 117 118 117 QBE 560 — 560 Reckett 340 345 340 Repco 116 118 117 Rothmans 415 420 420 Smith Hwd 370 385 385 Stockland 155 157 156 TNT 182 185 185 Taubmans 156 160 158 Tooth 580 584 580 Union C 235 245 240 Vapocure 600 610 610 Vestcorp — 111 110 Walton 36 37 37 .Waugh Jos 119 120 119 Wfield Hl 870 900 880 Westpac 334 335 334 White Ind 305 320 315 Woolworth 321 322 321 Wormaid 349 351 350 MINING Aberfoyle — 900 — Allstate 23 25 — Ashton 92 93 93 Aust Devi 15 17 15 Bell Res 570 580 566 Bouganvle 187 190 187 CN Gold 564 570 560 CRA 568 570 566 Carr Boyd 83 85 83

CMI 230 250 — Cons Rtle 610 — 620 Cudgen 240 245 245 ERA 145 148 145 Emperor 240 — 240 GM Kalg 550 590 570 Hill 50 22 23 22 MIM 262 263 263 Metals Ex 45 48 46 Mid E Min 25 — — North BH 224 230 225 Nth Flndr 140 150 140 Pancont M 128 130 128 Paringa — 90 — Paringa opt89 12 — — Peko 391 400 395 Placer 2380 2450 2380 Poseidon 295 — 300 Qld Coal 138 140 140 RGC 415 420 415 Southland 26 — 26 Sth Pac 15 16 15 WMC 347 348 348 West Sand 143 145 145 Whim Crk 208 210 210 AOD 105 107 105 AOG 108 112 110 OILS Ampol Exp 210 213 213 Beach 60 62 60 Bridge 212 215 215 Claremont 150 155 152 Crusader 235 240 235 Hartogen 215 218 218 L’reach 0 11 12 11 Magellan 235 240' 235 Magnet 5 6 5 Offshore 12 13 13 Oil Serch 26 27 27 Pancont P 21 22 21 Santos 524 528 526 Vamgas 320 — 320 Weeks Aus 68 70 68 Weeks Pet 510 — — Woodside 78 79 78