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ASX to drop; ASIC hits Austal with legal action


ASX rises; Iress says no direct approach
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Iress says hasn’t received a direct approach
Sarah Turner
The Australian Financial Review about market activity by an unknown participant or participants.
The company can confirm that it has not received any direct approach. As a result, it said it’s not in a position to comment further.
Iress shares are up 17 per cent this morning at $1.865.
15 mins ago – 10.50AM
Proxy puzzle pits operators against owners
Jonathan Shapiro
Shortly after the Treasurer declared war on proxy advisers, several of us reporters found ourselves in the company of a senior executive of a large listed company. ....

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