Share Brokers News
Small Investors Play Safe, But Will Time Prove Them Right?
Tuesday April 19, 2005
THE Australian sharemarket fell by more than 50 points as soon as trading began yesterday, and brokers that deal on behalf of small investors led the charge. Buying by the big investment funds then pushed the market slightly higher until the final hour, when nervousness about Wall Street's resumption of trading overnight took over. The presence of small investors was best signalled by the CBA's broking subsidiary Commonwealth Securities, which specialises in online trading for smaller shareholders.Fear Grips Investors As Wall St Trembles
Sunday April 17, 2005
PREPARE for a sharemarket bloodbath tomorrow, with experts predicting that a further $15 billion will be wiped from Australian share values.Brokers Say Virgin Blue Overpriced
Wednesday April 6, 2005
Brokers remain gloomy on the short-term prospects for Virgin Blue despite the airline's share price rebounding on Monday after the closing of Patrick's $1.90 a share takeover bid.Foster's Adds Two Weeks To Offer
Tuesday April 5, 2005
Foster's Group has extended its $3.1 billion hostile takeover bid for Southcorp by two weeks, insisting its $4.14 a share offer is "outstanding". The brewer also revealed yesterday that it had increased its stake in Australia's largest wine producer by only 0.3 per cent to 19.1 per cent since it launched the bid, receiving acceptances or on-market sales from about 5000 retail investors.Top Month Helps Bank Stem Loss In Market Share
Saturday April 2, 2005
National Australia Bank capped off a tumultuous week with some good news - its market share is stabilising.Godfrey Holds On As Patrick Claims 62%
Saturday April 2, 2005
Virgin Blue chief executive Brett Godfrey has sent his strongest signal yet he has no intention of stepping down from the discount airline, declining to accept Patrick Corp's $1.90 a share takeover bid which closed on Friday night.Strewth, Strathfield In More Strife
Friday April 1, 2005
STRATHFIELD was again at the receiving end of the market's vengeance, losing almost 20 per cent of its share price yesterday.