The “wipeout” in the sector was especially bad news for Babcock & Brown, Rubicon Asset Management, and Record Funds Management. These heavily leveraged firms didn’t survive the steep rise in global borrowing costs. It didn’t help that asset values began tumbling when the leveraged dried up.
August 17th, 2009 | Dan Denning | 1 comment | ContinuedAll Posts Tagged With: "origin energy"
LNG – The Energy Play for 2009
Liquefied Natural Gas. It is most commonly known as LNG. It has the potential to be one of Australia’s major exports in the next twenty years. As we draw towards the end of 2008 we are starting to prepare the ground for what we will serve up to our subscribers of the Australian Small Cap investigator (ASI) in 2009. Read on…
December 6th, 2008 | Kris Sayce | 0 comments | Continued