Ann: Daily share buy-back notice - Appendix 3E, page-10

I'm pretty sure that the market has been taking a dim view of BRL because of Arden's govt and it also sees BRL adopting a heads down approach because of it....the threat of a new tax on BRL for example on some enviromental grounds......i'm not saying that will happen though

If the market has been  negative on coal stocks, it sure hasen't been apparent on the share prices performances of   Whitehaven or Stanmore for example.  Even  Terracom, which has been getting most of it's income from a thermal coal mine, has had really good share price performance until recently

Those 3 coal stocks are in Australia.  BRL is in  NZ

I'll watch that Bloomberg show on Arden.  Thanks for letting us know rsah