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MENAFN - - 6/13/2012 8:31:47 PM

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Tinkler can spot a bargain

Jun 13, 2012 (Menafn - The Australian Financial Review - ABIX via COMTEX) --Whitehaven Coal has rejected a takeover offer from mining billionaire Nathan Tinkler. He will now have to decide whether to lodge a more detailed bid. Elsewhere, the market seems strangely confident regulatory approval for Hastings Diversified Utilities Fund's takeover of rival gas pipeline operator APA will be given. Meanwhile, Rio Tinto has begun the environmental approval process for the massive Koodaideri iron ore mine. It also transpires a shareholder blocking the A544m takeover of Flinders Mines by Russia's Magnitogorsk owns just US2,000 worth of Magnitogorsk shares.

Publication Date: 14 June 2012

WHITEHAVEN COAL LIMITED - ASX WHC
RIO TINTO LIMITED - ASX RIO
HASTINGS DIVERSIFIED UTILITIES FUND - ASX HDF
APA GROUP - ASX APA
FORTESCUE METALS GROUP LIMITED - ASX FMG
BHP BILLITON LIMITED - ASX BHP
FLINDERS MINES LIMITED - ASX FMS
ASTON RESOURCES LIMITED
BOARDWALK RESOURCES INVESTMENTS PTY LTD
ITOCHU CORPORATION
J-POWER
AMERICAN METALS AND COAL INTERNATIONAL INCORPORATED
AUSTRALIAN COMPETITION AND CONSUMER COMMISSION
EPIC ENERGY PTY LTD
FOXTEL MANAGEMENT PTY LTD
AUSTAR UNITED COMMUNICATIONS LIMITED
SHANGHAI BAOSTEEL GROUP CORPORATION
MAGNITOGORSK IRON AND STEEL WORKS (MMK)


 






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