AUSTRALIAN OIL.
:' BOEING EIGHTS. : - • "'■'' BRITISH PRESS COMMENTS. 8j Telesraph—Press Associatlon-OoDyrlrht. / : London, March 17. A syndicate which holds rights to bore for oil in Australia has sold to a company. The vendors' receive v£96,000 worth of: shares, and £31,000 in cash. Tho! journal . "British . Australasian" considers ,the company is over-capitalised, and that the purchase consideration is excessive. The paper doubts if the concern would .have Been light but,for the oil boom. ~,.;.:!.: '.'■'■ Tho "Financial Times" says the company affords a very fair opportunity for speculative investment. . , .'■ •■ - ' ..I-': '
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Bibliographic details
Dominion, Volume 3, Issue 770, 19 March 1910, Page 5
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85AUSTRALIAN OIL. Dominion, Volume 3, Issue 770, 19 March 1910, Page 5
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