The ANZ (ASX: ANZ) share price is down 3.2% after announcing its FY19 result showing profit was flat as was the dividend, although the franking level was reduced.
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The share price of Iluka Resources (ASX: ILU) is up 5% after announcing it has commenced a formal review of the corporate and capital structure of its two main businesses. There as been a significant increase in the current and future materiality of the Mining Area C royalty (MAC) as BHP (ASX: BHP) progresses the development of South Flank.
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At the time of publishing, Jaz does not have a financial interest in any of the companies mentioned.