Company Updates

15 May 2014 In Short Overseas Activities – reminder to lodge overseas finding prior to the end of the financial year for 30 June 2014 claims. Payments to Associates – reminder to ensure any amounts incurred to an associate are ‘paid’ prior to the end of the financial year. Overseas R&D activities A company can […]

Source: The Land; Published: Monday, 5 May 2014 TOTAL Australian lamb exports during April were 15 per cent higher year-on-year, at an April record 17,758 tonnes swt. Meat and Livestock Australia (MLA) reported elevated eastern states lamb slaughter since the beginning of 2014 supported this robust global demand. Australia’s three major markets registered increases on […]

Media Release, 16 May 2014 Speech-to-text innovator Ai-Media today released the results of its first independent external captioning quality audit, achieving a score of 99.13% measured by the international NER benchmark. Ai-Media provides captioning for television broadcasters including Nine Network Australia, Foxtel, Fox Sports, Australian News Channel (Sky News), and others. The result announced today […]

April was a difficult month for the Fund with founder’s series units down 2.1% (post fees), well shy of the overall ASX performance which was up 1.7% over the month. The quote in the header of this newsletter sums up what happened pretty well. Many of the investment themes that had served us so well […]

CricHQ to expand presence in India; hire 400 people in 3 yrs Source: The Economic Times; Published: Sunday, 11th May 2014 NEW DELHI: Tech firm CricHQ, promoted by former New Zealand cricketers Simon Baker, Stephen Fleming and Brendon McCullum, plans to make India its home ground, hiring over 400 people over the next three years. […]

Coretrack enters shale gas market Source: The West Australian; Published: Monday, 12th May 2014 Drilling technology company Coretrack has made a foray into the surging shale oil and gas market with an agreement to buy unlisted Queensland-based proppant developer Ecopropp. Proppants are solid materials that are mixed with fracturing fluids to hold open fractures after […]

To read the full ASX Release please download the document below.

April was another relatively steady month for the market with the S&P/ASX All Ords producing a return of 1.29 % for the month and 10.43 % for the year. The S&P/ ASX Small Ords produced a return of -1.24% for the month and 2.06 % for the year. To read the full report click on […]