ALL ORDINARIES Index Down, APA Group (APA) Shares Rise 22%
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.51% at lunch.
The oil price has fallen slightly, which has caused Woodside Petroleum Limited (ASX: WPL) to fall by 1.18% and BHP Billiton Limited (ASX: BHP) is down by 1.15%.
APA Group (ASX: APA) shares are up 22.5% after announcing that it has received a $13 billion takeover offer.
The Challenger Ltd (ASX: CGF) share price is currently down 2.5% after giving investors a presentation.
Retirement village operator Gateway Lifestyle Group (ASX: GTY) is up by 13% after receiving a takeover offer too.
Online retailer Kogan.Com Ltd (ASX: KGN) has fallen another 3.5% after it was announced that founder Mr Kogan had eventually sold some of his shares after failing to sell some shares last week.
Finance software business Hub24 Ltd (ASX: HUB) is up by 3% after FitzPatricks chose it as its platform choice.
The Ausdrill Limited (ASX: ASL) share price has recovered by 5% today after falling 22% yesterday due to an adverse project update.
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