Good morning, Fortescue’s green energy arm has racked up more than $2bn in losses over the past four years with little in the way of commercial returns but chairman Andrew Forrest is standing firm, with no plans to change the company's energy strategy. Meanwhile, troubled casino operator Star Entertainment Group was warned last year, months before the second Bell Inquiry was announced, that it lacked expertise to push through needed remediation, a newly released report reveals. And while economic issues and inflationary concerns continue to dog the outlook for news listings on the ASX, a report from HLB Mann Judd has found the 13 companies that hit the boards in the first half rewarded investors with an average increase over the listing price of 13 per cent by June 30. |