The valuation of our shares as at 30 June 2012 has been added to the Valuation page. Eco Investor magazine has commented on the June 2012 valuation: “August Investments has released its June quarter valuation, which shows that it has sold its holdings in Energy Developments and Lynas Corporation, along… read more →
At the Australian Ethical shareholder meeting last night the dissident shareholders were unsuccessful in replacing the existing board of the company. We have grave concerns about the ongoing viability of the company based on the current marketing policy and sales practices. We are also seeing high expenses and declining income.… read more →
We have topped up our investment in Carbon Conscious Ltd at 17c ps. We consider them excellent value at current prices, especially as they have projected an exceptional profit results for 2011/12. We have also purchased shares in a new ‘neutral’ equity, M2 Telecommunications. They provide internet and data services.… read more →
An interim dividend of $5.00 per share has been declared and paid 1 June 2012. This is unchanged on the June 2011 dividend.
An article has been published in Eco Investor magazine written by our Managing Director. It looks at Tox Free Solutions Ltd. Despite being viewed as environmentally positive, well run and highly profitable the article outlines why we do not invest in this company (Hint: the problem relates to the current… read more →
Our management has become embroiled in the takeover battle for the board of Australian Ethical Investments Ltd. Should shareholders wish to discuss those events with us, call us on 0428 650 601. See Australian Ethical Investments post from March.