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Low prices hitting Australian shares

Low oil prices have led to a slump in share prices for Australian companies and could see the consolidation of some players operating in the onshore Cooper basin, according to the latest report from consultancy group EnergyQuest.

Falling share prices: Australia-listed companies operating in the Cooper basin have seen their share prices plummet an average of 70% since the oil price crash began last year
Falling share prices: Australia-listed companies operating in the Cooper basin have seen their share prices plummet an average of 70% since the oil price crash began last year
Published 16 September 2015, 02:32Updated 17 October 2016, 12:19
Asia & Oceania