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Australia…One Hour In…ASX200 up 68 points

ASX200 up 68 points (1%) to 6781. Rio Tinto (+1%); has signed a sales agreement with Amaero for Aluminium-Scandium Alloy.

ASX200 up 68 points (1%) to 6781.

 

  • Breville (-0.5%); CEO Jim Clayton has sold 328,338 shares , worth $8.7m.  He said he did it to buy a house and pay a tax bill.
  • Nine Entertainment (+0.5%) / Southern Cross Media (-14%) ; Nine has switched its regional TV affiliation from Southern Cross to WIN Network.
  • Rio Tinto (+1%); has signed a sales agreement with Amaero for Aluminium-Scandium Alloy.
  • Tabcorp (+0.4%); press speculation the co will opt for a strategic review to consider a demerger of its wagering and media unit. The co is understood to have received at least three bids for the business this year.
  • Westpac (+0.4%); APRA has closed its investigation into Westpac’s anti-money laundering breaches, but says it is determined to ensure that the bank fixes risk governance weaknesses.
  • Wisetech (+1.6%); ex div 2.7c.  Trading up 43c.

 

Friday Dad Joke;

A bride on her wedding night says to her husband, “I must confess darling, I used to be a hooker”.

He says, “That’s a bit of a shock dear, but I must admit, I find it quite erotic.  Tell me about it”.

She replies, “ Well, my name was Dicko and I played for Norths”.

 

…..happy birthday to the one and only Andrew “Dicko” Tracy.  One of Norths’ finest in his 99 games for the great Rugby club.

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