InvestSMART.com.au - Newsletter

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InvestSMART.com.au - Newsletter

InvestSMART Newsletter - 29th September 2003

Today's Sponsor
Macarthur Diamonds is a high technology, energetic, low cost, junior company, with prospective diamond tenements. This company is expected to float/list on the ASX on 31st October 2003. More details below.

IPOs/floats are once again in strong demand
The float premiums over the past month have been nothing short of impressive. The average returns for the past month have been 40%, with not one of the nine floats listing at a discount to their issue price.

InvestSMART is currently in discussions with several companies looking to float. We hope to announce secure stock in a number of these exciting opportunities over the coming weeks. Our Platinum Members will receive priority access in any stock secured by InvestSMART. Platinum Membership benefits may be viewed here.

We currently have secure stock in GEC Asian Fund. It's an exchange-traded fund which is soon to be listed on the ASX. The GEC Asian Fund closes this Thursday, 2nd October 2003 not 26th September as previously reported.

More upcoming floats can be found here or in the "Floats" section of today's newsletter.

Our CashBack Program
Sydney's Sun Herald newspaper said InvestSMART was "Leading the charge to trim fat fees". InvestSMART rebates 100% of entry fees on nearly all managed funds and Platinum Members are able to participate in Australia's first CashBack Program which effectively reduces your management fees on participating managed funds by up to 20% by a simple annual CashBack. We are simply giving you back 80% of the trailing commission we earn from the fund manager as a result of your investments held with InvestSMART.

Do not be confused or misled if you have managed funds, superannuation or a DIY Super Trust you are more than likely PAYING MORE FEES THAN YOU SHOULD!.

Click here to find out why we have more than 83,000 clients and are considered one of Australia's biggest discounters of managed funds.

Regards
The InvestSMART Team

Offer Overview

GEC ASIAN VALUE FUND

Opening Date for Applications		25th August 2003
Closing Date for Applications		2nd October 2003
Minimum Investment		$2000, then multiples of $500
Fund Objective		Long term capital appreciation
Options		Subscribers during the initial offer period will receive one 18 month bonus option for every Unit purchased
Recommended Investment Period		3-5 years
Risk Profile		Aggressive
Distribution		Policy Income distributions annually

Download the Prospectus/PDS

Download an Independent Report

Macarthur Diamonds Limited

Macarthur Diamonds is a high technology, energetic, low cost, junior company, with prospective tenements. Resulting from recent exploration activity Macarthur Diamonds is now at the stage of having 40 drill-ready kimberlite pipe targets in Queensland as well as others in west Greenland. BHP Canadian Diamonds Company (BHP Billiton) is our joint venture partners in both of these projects.

SRK Consulting, in its independent technical assessment report contained within the prospectus, assessed the projects as sufficiently prospective to warrant further exploration and expenditure and the directors and management of Macarthur Diamonds to collectively have, appropriate experience and technical expertise to manage the proposed exploration program and budget.

The offer is sponsored by ABN Amro Morgans. Macarthur Diamonds is expected to raise $2.5M through the issue of 12,500,000 shares at an issue price of 20 cents per share and list on the ASX on 31 October 2003.

For further information and Prospectus Download, follow this link : www.macarthurdiamonds.com

To receive an information flyer immediately via email please enter your email address below and click on "More Information"...

The offer of securities by Macarthur Diamonds Limited will be made in, or accompanied by, a copy of the Prospectus in paper or electronic form. Anyone wishing to acquire securities in Macarthur Diamonds Limited will need to complete the application form that will be in, or accompany, the Prospectus. A Prospectus will not be supplied to anyone outside Australia.

A full list of Upcoming Floats can be found here.

Recent Floats

Company Name	Float Date	Issue Price	1st Day Close
NKWE Platinum Limited (NKP)	24/09/2003	$0.50	+ 136%
Navigator Resources Limited (NAV)	19/09/2003	$0.20	+ 2.5%
New Hope Corporation Limited (NHC)	16/09/2003	$0.40	+ 75%
Berkeley Resources Limited (BKY)	16/09/2003	$0.20	+ 47.5%
Knights Insolvency Administration Limited (KIA)	29/08/2003	$0.50	+ 8%

Recent Floats

Company Name	Float Date	Issue Price	1st Day Close
D'Aguilar Gold Limited (DGR)	21/08/2003	$0.20	+ 2.5%
Kip McGrath Education Centres Limited (KME)	15/08/2003	$0.50	+ 60%
Golden Gate Petroleum Limited (GGP)	15/08/2003	$0.20	+ 20%
Rabinov Property Management Limited (RAB)	12/08/2003	$1.00	+ 15%

Upcoming Float

Company Name:	Tethyan Copper Company Limited
Expected Offer Open:	3rd Oct 2003
Expected Offer Close:	20th Oct 2003
Expected Float Date:	31st Oct 2003
Issue Price:	$0.30
Notes:	Tethyan Copper Company Limited is a dedicated copper-gold resource company uniquely focused on the exploration and development of the giant copper and gold resources at our Reko Diq Project located on the Tethyan Magmatic Arc in Pakistan. This is an opportunity to provide capital for completing the acquisition and rapid development of the Reko Diq Project - potentially one of the world's largest undeveloped copper-gold resources.

Upcoming Float

Company Name:	Pharmaxis
Expected Offer Open:	7th Oct 2003
Expected Offer Close:	31st Oct 2003
Expected Float Date:	12th Nov 2003
Issue Price:	$0.50
Notes:	Pharmaxis is a specialist pharmaceutical company committed to the research, development and commercialisation of human therapeutic products for chronic respiratory and autoimmune diseases. Pharmaxis' key strength lies in its diversified portfolio of products at various stages of development which target highly attractive international markets across a range of diseases. Pharmaxis is supported by an experienced board of Directors and led by a management team with a proven track record in developing and commercialising breakthrough products.

Upcoming Float

Company Name:	ITL Limited
Expected Offer Open:	25th Sep 2003
Expected Offer Close:	16th Oct 2003
Expected Float Date:	29th Oct 2003
Issue Price:	$0.50
Notes:	ITL is an Australian-based medical products innovator and manufacturer that has been in business for nine years and has already managed to secure large export orders for several innovative and patented products.

Upcoming Float

Company Name:	Farsands Corporation Limited
Expected Offer Open:	18th Sep 2003
Expected Offer Close:	16th Oct 2003
Expected Float Date:	30th Oct 2003
Issue Price:	$0.20
Notes:	The Company is seeking the funding pursuant to this Prospectus to enable it to list on ASX and complete its first acquisition - that of MPL Group Pty Ltd ("MPL") and MPL's parent company, Farsands Risk Management Pty Ltd ("FRM"). MPL is a profitable and established business, with 105 staff. The business benefits from a progressive operational structure that combines three consulting. This Prospectus should be read and considered in its groups (occupational health & safety, environmental and property services), coupled with its own NATA accredited laboratory.

Upcoming Float

Company Name:	Paradigm Gold
Expected Offer Open:	3rd Oct 2003
Expected Offer Close:	31st Oct 2003
Expected Float Date:	12th Nov 2003
Issue Price:	$0.20
Notes:	Paradigm was incorporated in November 2002 to explore eleven mineral projects in eastern Australia identified and acquired via Tenement applications by Paradigm Geoscience Pty Limited (a company associated with the founders of Paradigm). The eleven projects are covered by 14 Tenements and held by two wholly-owned subsidiaries of Paradigm (Paradigm NSW Pty Ltd, and Paradigm Queensland Pty Ltd).

Company	Brokers Surveyed	Consensus Recommendation*
MCGUIGAN SIMEON WINES LTD (MGW)	7	Strong Buy
INVESTOR GROUP LIMITED (IGP)	3	Strong Buy
VENTRACOR LTD (VCR)	2	Strong Buy
AUSPINE LIMITED (ANE)	1	Sell
AUSTAR UNITED COMMUNICATIONS (AUN)	1	Sell
BIOTA HOLDINGS (BTA)	1	Sell

* Recommendations as at 26th Sep 2003. Data compiled and supplied by Thomson Financial First Call.

more...

Company	Comment	Dividend (per share)	Franking	Ex-Dividend Date	Payment Date
DAVID JONES LIMITED (DJS)	September 2003 Final Year Result	3 ¢	100%	30th Sep 2003	5th Nov 2003
HOME BUILDING SOCIETY LIMITED (HME)	2003 Final Year Result	11 ¢	100%	1st Oct 2003	22nd Oct 2003
PRO MEDICUS LIMITED (PME)	2003 Final Year Result	2 ¢	100%	1st Oct 2003	21st Oct 2003
ABERDEEN LEADERS LIMITED (ALR)	2004 First Quarter Result	1 ¢	100%	1st Oct 2003	22nd Oct 2003
EMBELTON LIMITED (EMB)	2003 Final Year Result	6 ¢	100%	1st Oct 2003	22nd Oct 2003

more...

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