Stocks to watch on the Australian stock exchange on Thursday, June 12:
AQA - AQUILA RESOURCES - up 12 cents, or 3.44 per cent, at $3.61
MIN - MINERAL RESOURCES - down 23 cents, or 2.22 per cent, at $10.14
Mineral Resources Limited appears to be positioning for a bidding war for West Australian iron ore miner Aquila Resources.
DOW - DOWNER EDI - down 59 cents, or 11.15 per cent, at $4.70
BHP Billiton has cancelled a $360 million mining services contract with Downer EDI at a Queensland coal mine, putting more than 400 jobs at risk.
FLT - FLIGHT CENTRE - up 53 cents, or 1.15 per cent, at $46.43
Travel agency Flight Centre has cut its profit forecast as slumping consumer confidence causes a drop in holiday bookings.
NXS - NEXUS ENERGY - up 0.2 cents, or 18.2 per cent, at 1.3 cents
SVW - SEVEN GROUP - down 20 cents, or 2.5 per cent, at $7.76
Nexus shareholders are expected to reject Seven Group's $26.6 million takeover offer for the struggling oil and gas company at a meeting on Thursday.
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