Author - Craig Foley

Mincor (ASX:MCR) completes $50M placement: Aus shares close 1.5% higher

26 Jun 2020 - The Australian share market rallied in the back half of the session to close 1.5 per cent higher. All of the sectors except Healthcare made ground today, with investors choosing to pick up bank stocks ahead of the weekend. Mincor Resources (ASX:MCR) has successfully completed its $50 million fully underwritten institutional placement.

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ACCC seeks to appeal Acacia Ridge terminal acquisition: Aus shares 1.1% higher at noon.

26 Jun 2020 - The Australian share market opened slightly lower defying positive leads from international markets. It has however managed to gain ground early in the session and is tracking 1.1 per cent higher at midday. All of the sectors except Healthcare have advanced this morning. The Australian Competition and Consumer Commission is seeking special leave to appeal to the High Court disputing the decision of the Full Federal Court that Pacific National’s acquisition of the Acacia Ridge...

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TPG Telecom (ASX:TPM) spin-off Tuas set to list: Aus shares to open higher

26 Jun 2020 - Following positive leads from US markets, the Australian share market looks set to open higher. The national cabinet is meeting today and will discuss strategies for containing localised outbreaks, a timetable for reopening Australia’s arts and entertainment venues, and the return of international students. S&P Dow Jones Indices announced that TPG Telecom (ASX:TPM) will spin-off 1 share of Tuas (ASX:TUA) for every 2 TPG Telecom shares held.

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