STOCKS to watch on the Australian stock exchange on Wednesday, Jan 15:
CPA - COMMONWEALTH PROPERTY OFFICE FUND - down one cent, or 0.81 per cent, at $1.23
GPT - GPT GROUP - down one cent, or 0.28 per cent, at $3.59
Property group GPT Group will not increase its offer for the Commonwealth Property Office Fund (CPA) nor extend the offer period.
CWN - CROWN - down 12 cents, or 0.7 per cent, at $17.09
Granting a 99-year licence for Melbourne's Crown Casino would be unusual and a big call, Victoria's acting premier says.
FGE - FORGE GROUP - down 22.5 cents, or 18.0 per cent, at $1.025
Shares in Forge Group have plunged again after it announced a $28 million profit write-down of its Western Australian power station.
RIO - RIO TINTO - down 16.0 cents, or 0.25 per cent, at $63.35
Mining giant Rio Tinto has paid more than $1.31 billion for 510 million Turquoise Hill shares under a rights issue, clearing the slate as it develops the Oyu Tolgoi mine in Mongolia.
RRL - REGIS RESOURCES - down 17 cents, or 5.54 per cent, at $2.90
Shares in gold miner Regis Resources have fallen more than three per cent after the company missed its quarterly production targets and flagged lower recovery rates at its Garden Well operation.
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