News

Argonaut to advise Sino Gas and Energy

Perth-based advisory and stockbroking firm Argonaut has been appointed by Sino Gas and Energy Holdings as its corporate advisor. In connection with the appointment, Argonaut will receive 30 million options, exercisable at 7.5 cents on or before five years from the date of issue...

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Morning Notes

US stocks finished flat on Tuesday, erasing early gains as approval of Greece’s bailout was offset by economic concern with crude oil jumping to a nine month high. The Dow finished up 16 points, or 0.1%, to 12.966, while the S&P 500 gained 1 point, or 0.1%, to 1,362...

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Latest Research

While revenue was close to our forecast, GNG has reported 1H12 profit numbers well below expectations on the back of lower margins; Revenue was up 12% on pcp to $79.3m (Argonaut $82.5m), EBITDA was…

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