Friday June 29, 2007
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| Nation |
| Business |
| Sports |
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| Editorial |
| Column 1 |
| Letters |
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| Bottom Line |
| The Notebook |
| Building Blocks |
| Talking Point |
| My Say |
| Asia watch |
| Focus |
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| Weekender |
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| Printing |
| Yearbook |
| Web Designing |
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InterOil shares plunge
K55 from record highs |
| HEAVY market speculation on the outcome of InterOil’s Elk-2 well in Gulf province has caused the company’s shares to soar to a record US$44.25 (K134) last Monday, but an overhang of short sellers caused prices to plummet to and close on US$26.02 (K79). |
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Coffee group declares first dividend in 4 years |
| THE PNG Coffee Growers Federation (PNGCGF) yesterday declared its first dividend of K30,000 for the first half this year. |
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Lihir Gold, Oil Search recover |
| AFTER plunging steadily from a recent high of A$3.16 in mid-June to a low of A$2.91 on Wednesday, Lihir Gold yesterday added A$0.09 to once again hit the A$3 level. |
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Faulkner: Shoring up OTML |
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KEITH Faulkner, the outgoing managing director of Ok Tedi Mining Ltd (OTML), was instrumental in the mine’s turn around from being “ugly duckling” of the mining world to a K2 billion a year operation. |
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| SELLING |
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Code
|
Notes |
TT |
| US$ | 0.3180 | 0.3550 |
| AU$ | 0.3932 | 0.4382 |
| Pound | 0.1636 | 0.1736 |
| Euro | 0.2419 | 0.2569 |
| Sing$ | 0.4845 | 0.5056 |
| Peso | 15.32 | 15.70 |
|
STOCK |
BUY |
SELL |
LAST |
|
BSP |
3.22 |
3.23 |
3.22 |
|
Credit Corp. |
4.27 |
5.60 |
4.27 |
|
CPL |
0.00 |
0.00 |
2.00 |
|
CUE |
0.00 |
0.00 |
0.21 |
| drd |
0.00 |
0.00 |
6.50 |
|
Highlands |
1.70 |
1.70 |
1.65 |
|
Inter Oil |
00.00 |
0.00 |
86.00 |
|
Lihir |
4.50 |
0.00 |
4.50 |
|
Mossaic |
0.00 |
0.00 |
0.50 |
| Mineralcorp |
0.12 |
0.15 |
0.15 |
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NBPO |
5.60 |
5.62 |
5.60 |
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Oil Search |
8.20 |
8.21 |
8.21 |
|
RMU |
2.53 |
0.00 |
2.53 |
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Steamships |
0.00 |
0.00 |
5.00 |