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Monday 17

December, 2018 7:32 AM



Stocks to watch

Stocks to watch

Stocks of interest at the close of trade on the ASX on Thursday, November 29.

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By AAP 29.11.2018 05:07 PM

Stocks of interest at the close of trade on the ASX on Thursday, November 29:

RIO - RIO TINTO - up $1.25, or 1.74 per cent, to $73.25

Rio Tinto has given the green light for a $3.5 billion investment in its new Koodaideri iron ore mine, creating 600 permanent jobs in Western Australia.

ALL - ARISTOCRAT LEISURE - down 67 cents, or 2.57 per cent, at $25.44

Global gaming machine provider Aristocrat Leisure is crediting its digital and American businesses with its 9.6 per cent lift in full-year profit to $542.6 million.

BIN - BINGO INDUSTRIES - down 12 cents, or 5.29 per cent, at $2.15

The competition watchdog has raised concerns about Bingo's proposed $577.5 million acquisition of Dial-a-Dump, saying the ASX-listed waste management company would squash market share.

PMV - PREMIER INVESTMENTS - up 10 cents, or 0.6 per cent, to $16.89

MYR - MYER HOLDINGS - up 2.5 cents, or 6.17 per cent, to 43 cents

Solomon Lew has launched another broadside at Myer during his chairman's address at Premier Investment's AGM, saying he will use all options at his disposal to eject the board of the struggling department store chain.

Meanwhile, Myer's board faces more scrutiny from Mr Lew and a potential spill at its annual general meeting on Friday.

RCR - RCR TOMLINSON - trading halted

Administrators for RCR Tomlinson said on Thursday it had secured funding to support ongoing trading for the engineering group. Earlier in the week, RCR went into administration after 120 years in business, leaving more than 3400 staff in limbo.

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