Perth-based internet providers EFTel Ltd and iiNet Ltd today announced plans to launch innovative broadband services, designed to help them take market share from the incumbents, led by Telstra.
It's been a bumper day for capital raisings on the Australian Securities Exchange, with six Western Australian mining and mineral services companies in the midst of raising $250 million in additional funding.
In a week where three Western Australian resources companies made their debuts on the Australian Securities Exchange, Leederville-based gold explorer Midwinter Resources NL has come out on top - up 72 per cent on its offer price.
The mystery holder of 17.7 per cent of West Perth-based takeover target Consolidated Minerals Ltd has been tracked to Cyprus, via Ukraine and the Czech Republic, the company has announced.
Subiaco-based manganese explorer Spitfire Resources Ltd will today open its initial public offer, aiming to raise $4 million for exploration and working capital.
This week, as Prime Minister John Howard incurred the wrath of dog-walkers and Opposition Leader Kevin Rudd was ticked off by angry choristers, the economy remained the number one issue as the consumer price index was released.
Western Australian metals explorers Buxton Resources Ltd, of West Perth, and Nedlands-based GBM Resources Ltd traded steady after their debuts on the Australian Securities Exchange.
The recently-retired managing director of iron ore hopeful Grange Resources Ltd, Geoff Wedlock, has been appointed to the board of Sundance Resources Ltd as a non-executive director, the company has announced.
West Perth-based Network Card Ltd has closed its non renounceable rights issue fully subscribed, raising $460,000 to help it expand its Business to Business and Business to Consumer clientele.
Perth-based oil and gas explorer Strike Oil Ltd has issued 16.9 million shares to shareholders through an entitlements issue, alloting the shortfall of the $10 million capital raising.
Shares in Burswood-based gold and nickel explorer Tectonic Resources NL have risen 16 per cent after raising around $3 million through scrip issues to Melbourne-based Lion Selection Ltd and West Perth-based Jabiru Metals Ltd.
Selling commonwealth land to property developers and using the funds to make housing interest payments tax deductible would be a good political decision for an incoming government, according to Satterley Property Group chief executive Nigel Satterley.
The company behind the Safeties Nature Nappy, Ascot-based SeNevens International Ltd, has announced plans to raise $2.2 million in an initial public offer to help fund future product development, marketing, purchase of equipment and working capital.
East Perth-based bauxite explorer Bauxite Resources Ltd has remained steady in its debut on the Australian Securities Exchange, closing up 0.5 cents after raising $7.5 million in its initial public offer.
Tasmania-focused metals miner Macquarie Harbour Mining Ltd has announced plans to raise a minimum of $4 million through its initial public offer to commence a drilling program across its portfolio.
Benjamin Franklin said there were only two certainties in life, death and taxes. Both were on the political agenda in the first week of the six-week federal election campaign, with the leaders of both major political parties in campaign mode.
Shares in Perth-based IT services company Empired Ltd rose two cents in the company's debut on the Australian Securities Exchange, closing at 32 cents.
The share price of Perth-based biotech firm Actinogen Ltd has fallen again in the company's second day of trade on the Australian Securities Exchange, closing today at 31 cents, down 19 cents from its offer price.
The State Government has approved the Greater Bunbury Regional Scheme, providing a plan for land use in the area, after a long process including consultation with the local governments of Bunbury, Capel, Harvey and Dardanup.
