Stocks to watch on the Australian stock exchange at noon on Thursday:
FNP – FREEDOM NUTRITIONAL PRODUCTS LTD – untraded at 34 cents
Australia’s Freedom Foods Group says it wants to exercise an option to take a further 18.7 million fully-paid ordinary shares in Auckland-based dairy company A2 Corporation Ltd.
GBG – GINDALBIE METALS LTD – up 5.5 cents, or 7.5 per cent, at 78.5 cents
Gindalbie Metals has completed the institutional component of its new share sale.
NCM – NEWCREST MINING LTD – up 20 cents at $41.01
Newcrest Mining has posted a 16 per cent rise in gold production in the fourth quarter, and annual production in line with earlier guidance by the company.
NWS – NEWS CORPORATION – up 28 cents, or 1.8 per cent, at $15.52
NWSLV – NEWS CORPORATION NON-VOTING – up 26 cents, or 1.8 per cent, at $15.01
Two former Victorian supreme court judges have been appointed to assess an internal review of News Corporation’s Australian arm.
RSG – RESOLUTE MINING LTD – down five cents, or 3.6 per cent, at $1.34
Resolute Mining’s full year production has declined six per cent to 330,859 ounces of gold.
SFH – SPECIALTY FASHION GROUP LTD – steady at 81 cents
Specialty Fashion opens on Thursday a La Senza branded store in the refurbished Westfield Shopping Centre in Sydney city.
STO – SANTOS LTD – up nine cents at $13.44
Santos says it churned out eight per cent more energy product in the second quarter of calendar 2011, although production is down five per cent on a year to date basis.