The Ferrets market reactors July 19, 2010 - 11:44AM
Some share price moves to keep an eye on in the market:
Healthscope (ASX:HSP) up 54c to $5.94: Directors have recommended a takeover proposal by a consortium of funds of $6.26 a share, valuing the company at $2.7bn.
Globe Metals & Mining (ASX:GBE) up 2c to 17.5c: Multiple new zones of heavy rare earth oxide and high-grade niobium mineralisation intersected in newest trenches in Malawi.
New Zealand Oil and Gas (ASX:NZO) down 7c to 98c: Plugged and abandoned Kahu-1. No significant hydrocarbons were found.
Accent Resources (ASX:ACS) down 1c to 15c: Evaluating options for Magnetite Range project including JV, farm-in and sale, and will now also evaluate sharing infrastructure with the neighbouring project.
Ausenco (ASX:AAX) up 2c to $2.11: Won an engineering design and procurement services contract for Taseko Mines' Prosperity gold-copper project in British Columbia, Canada.
Blaze International (ASX:BLZ) up 0.3c to 1.1c: Embarking on exploration at highly prospective Yeelirrie Valley uranium tenements in WA which border BHP Billiton's (ASX:BHP) Yeelirrie project.
Djerriwarrh Investments (ASX:DJW) down 6c to $4.08: Earned net profit of $25m in the year to June 30 compared with $30.73m in FY09.
Coalworks (ASX:CWK) down 1c to 40.5c: Review of initial drilling at Ferndale project has confirmed the presence of the Newcastle and Upper Whittingham Coal Measures.
Aquila Resources (ASX:AQA) don 40c to $7.12: Confirmed the feasibility of the Washpool hard coking coal project.
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CWK Price at posting:
39.0¢ Sentiment: Hold Disclosure: Held