Stocks to watch on the Australian stock exchange on Thursday December 13
AQA – AQUILA RESOURCES LTD – up 31 cents, or 12.7 per cent, at $2.75
Aquila said arbitration for its West Pilbara Iron ore joint venture project would begin in February.
BOQ – BANK OF QUEENSLAND LTD – up eight cents at $7.23
Bank of Queensland holds its annual general meeting in Brisbane on Thursday.
BHP – BHP BILLITON – up 35 cents or 0.99 per cent to $35.76
BHP Billiton has rid itself of looming risks with the controversial $30 billion Browse gas project after deciding to sell its interest to oil and gas giant PetroChina.
CCL – COCA-COLA AMATIL – down 36 cents or 2.59 per cent $13.56
Coca-Cola Amatil says trading conditions in Australia have picked up in the lead-up to Christmas as the beverage group forecasts a lift in profit and revenue for 2012.
EGP – ECHO ENTERTAINMENT – up 11 cents or 3.23 per cent to $3.52
John Redmond, the former head of major casino groups in the United States, has been named the new chief executive of casino owner Echo Entertainment.
LNC – LINC ENERGY LTD – up 26 cents, or 25 per cent, at $130.00
Linc Energy shares have been surging in the few days on the back of continued speculation that Russian billionaire Roman Abramovich is interested in the company.
NAB – NATIONAL AUSTRALIA BANK LTD – down four cents at $24.66
NAB holds its annual general meeting in Perth on Thursday.
WBC – WESTPAC BANKING CORPORATION – down 10 cents at $25.90
Westpac holds its annual general meeting in Sydney on Thursday.
