Stocks to watch on the Australian stock exchange on Thursday, Jan 30:
AGO - ATLAS IRON - up 9.5 cents, or 9.95 per cent, at $1.05
Mid-tier iron ore miner Atlas Iron has lifted its forecast for shipments of iron ore in its 2014 financial year and says prices for the commodity are strong.
DLS - DRILLSEARCH ENERGY - up nine cents, or 6.3 per cent, at $1.52
Oil and gas explorer Drillsearch Energy has increased its 2014 production guidance by around a million barrels.
FGE - FORGE GROUP - down eight cents, or 8.9 per cent, at 82 cents
Engineering firm Forge Group expects to post a loss of up to $25 million for the 2013/14 financial year, following a string of writedowns and cost blowouts.
WCB - WARRNAMBOOL CHEESE AND BUTTER FACTORY - up two cents, or 0.2 per cent, at $9.44
Investors selling their stake in Warrnambool Cheese and Butter Factory to Canadian dairy giant Saputo will now receive an increased return of $9.40 per share.