Capital raising's two-tier system leaves small shareholders behind the eight ball as institutional investors clean up.
RBA ill at ease on commercial property. And other business tidbits of the day.
Orica has signaled an interest in becoming a pure mining business, spinning off its chemical business on its own. But numerous environmental liabilities could be a heavy load to bear for a chemical business.
Poor disclosure habits are emerging in Australian business and there is depressingly little media scrutiny of it.
Treasury boss Martin Parkinson has called for Australia to lift productivity and wants a return to structural reforms to boost our productivity, writes Robert Gottliebsen.
It's a case of wait and see for the Reserve Bank, a rate rise is, however, on the cards in Canada, the share market fall here was the worst May result for 26 years, and other business news.
Mining company Orica will finally undertake a demerger with DuluxGroup, a move that was planned then shelved during the GFC. It's always been the odd fish in the resources pond, writes Stephen Bartholomeusz.
The AFR’s Street Talk column today noted that hedge Fund, Elliott Associates, has quietly departed Orica’s share registry after failing in its attempted merger arbitrage attempt.
Despite the protests of New York-based hedge fund, Elliott Associates, Orica has shown that it is capable of delivering long-term results – it should not be held captive to hedge funds angry that they were denied the opportunity of a quick windfall profit.