Takeovers we've accepted since 2005

2010-11

Aevum: was compulsorily acquired by Stockland and received $17.70 for 10 shares after filling in a form. Should have been an automatic payment.

Centennial Coal: was compulsorily acquired by Thai company Banpu at $6.20 a share and received cheque for $198.40 for final 32 shares on December 23, 2010.

Choiseul: was compulsorily acquired by Milton Corp and forced to fill in new forms despite already being a Milton shareholder.

Lihir Gold: received 11 Newcrest shares in exchange for 86 Lihir shares.

Mitchell Communications: swapped into scrip from UK listed firm Aegis.

2009-10

Eircom Holdings: bought 160 at $3.01 on Jun13, 2008. Sold 160 June 3, 2009 at $1.08. Delisted as of January 5, 2010, following completion of the acquisition by Emerald Communications.

KLM Group: taken over by Programmed Maintenance Services. Received $79.90 in April 2010 through compulsory acquisition of final 170 shares at 47c a piece.

Mirvac Real Estate Investment Trust: was mopped up by Mirvac in late 2009 but I only had 10 shares left at the time.

2008-09

Midwest Corp (MIS): bought 218 at $2.30 each in August 2007, sold 150 at $3.12 each in September 2007, then sold balance of 68 into Sinosteel's $6.38 cash offer in September 2008, producing overall proceeds of $881.84 and a net profit of $360.50. The profit on the takeover bid component was $277 in 13 months.

MYOB: bought 150 on 19 Dec 2005 at $1.10 each. Compulsory acquired by Manhattan Software Bidco Pty Ltd following it's successful takeover in Jan 2009 at $1.15 per share. Myob was subsequently delisted.

Portman Mining (PMM): bought 61 shares at $8.30 each for $526.25 in August 2007, then sold 51 at $10.19 each in September 2007. The remaining 10 shares were compulsorily acquired in the Cleveland Cliffs takeover at $21.50 each in January 2009. The overall proceeds were $741.25 and the overall profit $215. Profit on the takeover component was $112 in 18 months.

Queensland Gas (QGC): bought 190 at $2.64 in August 2007 for $521.55, then sold 150 at $3.15 in December 2007. Sold balance of 40 shares into Britain's BG Group $5.75 cash offer in September 2008. Overall proceeds $682.55 and overall profit $161. Profit on takeover component $124.40 in 13 months.

St George Bank: bought 18 at $27.88 in June 2006 and sold 12 at $36.84 in May 2007. Swapped residual 6 shares into Westpac takeover late in 2008.

Sydney Gas (SGL): bought 1667 at 30c each for $520 in January 2008. Sold 1500 on market at 35c each for May 2008. Sold remaining 167 into AGL's 42.5c per share cash offer for $71 in January 2009. Overall profit $56 and profit on takeover component $12.50 in 21 months.

2007-08

Adelaide Bank: bought 34 at $14.90 on Aug 1, 2007, swapped into Bendigo Bank merger.

Allegiance Mining: bought 835 at 60c on August 10, 2007. Sold 600 at 75c on Sept 19, 2007 and sold remaining 235 into Zinifex takeover bid for $1.10 per share in March 2008. Profit from takeover $97.50.

Auspine: bought 80 at $6.39 on May 25, 2007; sold 80 to Gunns Ltd for $7 per share on Dec 20, 2007. Profit: $28.80.

Babcock & Brown Environment: bought 560 at $90c in May 2007 and sold 560 at 50c per share into Babcock & Brown mop up bid in February 2008. Loss: $244.

Coates Hire: bought 100 shares at $5.10 in March 2007, sold 70 at $6.40 in October 2007 then accepted the private equity takeover for the remaining 30 at $6.06 a shares in December 2007. Also received additional 64c in fully franked dividends as part of offer.

Coles Group: bought 50 at $10.08 on Nov 7, 2005, sold 30 on market at $15.91 in February 2007, then swapped remaining 20 into fast-falling Wesfarmers shares as part of takeover.

Consolidated Minerals: bought 165 at $3.08 on July 5, 2007. Sold for 165 at $3.20 per share to CSM in March 2008. Lost 20c.

Investa Property Group: Morgan Stanley mopped up the property group at $3.08 a share in mid-2007.

IWL Ltd: bought 91at $5.50 on July 30, 2007; sold 91 to CBA for $6.45 per share on Nov 26, 2007. Profit: $66.45.

Jubilee Mines: bought 75 at $6.84 on June 20, 2006; sold some on market and then sold residual 10 to Xstrata Nickel for $23 per share on Feb 7, 2008. Profit: $141.60.

Macquarie Private Capital Group: bought 580 at 86c on June 25, 2007, sold 591 at 97c to Bear Steams Private Equity Ltd in June 2008.

Multiplex Group: bought 165 at $3.10 on Oct 6, 2005; sold 165 to Brookfield Australia for $5.05 per share on August 30, 2007 Profit: $301.75.

New Privateer Holdings: bought 100 shares at $5.50 on March 23, 2007, sold 100 at $3 in February 2008. Loss: $270.

PCH Group: bought 506 at 99c on Aug 17, 2007 sold some on market and then sold residual 100 to Cape Australia for $1.40 per share on Dec 21, 2007. Profit: $21 from takeover.

Repco Corp: bought 310 at $1.62 on June 8, 2006. Sold for $1.75 to CCMP in October 2007. Profit: $20.30.

Resource Pacific: Bought 300 for $1.90 in August 2007, sold 200 for $2.48 in October 2007 and accepted cash takeover from Xstrata at $3.20 per share. Profit: $110.

Rinker Group: Bought 2000 for $18.85 in June 2007. Accepted takeover offer from Cemex at $19.50 per share. Profit: $1230.

Smorgan Steel: Bought 290 for $1.77 in June 2006. Sold 200 for $2.30 in May and accepted takeover offer from One Steel .

Symbion Health: bought 250 Mayne Group shares at $5.34 on Nov 2, 2005. Symbion Health was created in subsequent demerger. Sold 130 shares at $3.69 in January 2007 and accepted $4.10 from Primary Healthcare for the remaining 120 shares. Made a tiny profit on both transactions.

Unwired Group: bought 1,300 at 39.5c on May 10, 2006; WHAT SALE PRICE ON MARKET sold remaining 200 into Seven Network takeover at for 50c per share in December 2007. Profit: $2.

Zinifex: bought 110 at $4.88 on November 2, 2005 and sold 83 at $18.56 on December 5, 2006 swapped the remaining 27 into Oxiana's offer at the rate of 3.19 shares for 1, effective June 20, 2008.

2006-07

Brazin: bought 400 at $1.26 in September 2006 and sold to founder Brett Blundy at $1.81 per share in December 2006. Profit: $200.

Burns Phil: bought 530 at 96c on June 2, 2006. Sold for $1.10 to Graeme Hart's Rank Group in October 2006. Profit: $54.20

Excel Coal: bought 75 at $6.79 on June 14, 2006 and sold to US coal giant Peabody in October 2006 for $9.50 per share. Profit: $183.25

Gasnet ltd: bought 200 at $2.53 on April 3, 2006 and sold to APA in November 2006 for $2.99 per share. Profit: $72

Pacifica Group: bought 235 at $2.15 on Mar 8, 2007. Sold to Robert Bosch Investment for $2.20 per share in December 2007. Loss: $8.25

Promina: bought 72 at $7.03 on Dec 20, 2006 and accepted Suncorp's scrip takeover bid in late 2006 of $1.80 cash per share and 0.2618 Suncorp shares for each Promina share. This delivered $129.60 in cash and 19 Suncorp shares.

Rural Press: bought 50 at $10.65 each in August 2006, swapped into Fairfax shares as part of takeover.

Rinker:

2005-06

Central Equity: bought 220 at $2.44 in October 2005 and sold into privatisation takeover at $2.55 in May 2006.

Hardman Resources: bought 320 at $1.61 on June 19, 2006 and sold 320 into Tullow Oil takeover bid priced at $2.02 a share in late 2006. Profit: $111.20