I say perhaps. It is an assumption. I am not in the know. I think there is dodgey goings on with the sell off and repurchase of estate shares.
I understand why humans for self preservation do these things at the expense of others. If I was in the know, I probably would have capitalised on it myself but I am 82.28% down on a small holding and 61.76% down in my super. My gut was telling me to sell at $21 thereabouts but the government ruling on capital gains savings if holding on swayed me to keep them. I think it is same overthrowing type government who support silverware knickers and greensil kind of stuff who brought in that legislation to support average Joe lol. Live and learn.
Geez my gut. What was that in profit compared to now? grrrrr Give yourself an uppercut lol.
So I am only guessing about the janus type conversion of mining vehicles. It would seem a logical future path and we do have good quality coking coal that is essential until a better technology is implemented. Will reputable people do business with them? Define reputable I suppose.
Despite my losses I will hold and perhaps purchase more when the coal dust settles. This looks to flatline for quite some time. The traders are making enviable amounts.
There are some party guys in the know who may be able to help you out. But keep an eye on your silverware ha ha.
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