Rescue package for low-budget power company - TVNZ
Wed, 20 Jul 2011 00:08Placements of new shares worth $1.5 million with various investors had also been achieved at an issue price of 0.05 cents per share. "Satisfaction of these conditions was a critical milestone for ensuring that the recapitalisation contemplated under ...
Roundtable: The Best Energy Stock Now - Motley Fool UK
Tue, 19 Jul 2011 07:00That put a strain on their finances, leading to a psychologically painful (though necessary) post-spill dividend cut that drove down the stock price. Because of this risk, I like to avoid oil stocks unless I can snag them at a sizable discount, ...
Vector objects to proposed price cut - Radio New Zealand
Tue, 19 Jul 2011 18:51The company's share price plunged 11 cents on Tuesday to $2.42 a share. The head of the commission's regulation branch, John Hammill, says lines companies are free to adjust prices across their network, and if still disgruntled, they have the option to ...
Santos fires up with Eastern Star takeover - Sydney Morning Herald
Mon, 18 Jul 2011 14:05Santos is offering its shares to Eastern Star Gas shareholders, valuing the company at $924 million based on Friday's share price close. Once the deal is completed, Hong Kong-owned TruEnergy, an electricity generator and energy retailer, will pay $284 ...
Excellent Stock Value (NYSE: VE) - Takeover Chatter
Tue, 19 Jul 2011 13:56Shares of VE fell by 0.60% or $-0.15/share to $24.74. Veolia Environnement SA is trading at a price to book ratio of 1.07. This indicates that the shares are relatively cheap compared to book value which means the market is pricing in going concern ...