2. Rallies against coal seam mining in agriculture land actually held in Canberra this week. http://www.smh.com.au/environment/4000-protest-against-mining-outside-parliament-20120501-1xwd9.html Also there is a chance of greater emphasis on the end restoration / beautification of the used mine site that may be required.
3. All Aust spec stocks are being heavily discounted at this moment
4. When the Placement shares are released, there will be extra sellers.
You know how capitalist societies always come up with the excuse or justification that the 'market knows best' well that is hogwash. Here, and I could name 10 outstanding shares that are discounted well below their theoretical risk / return related price. I guess in China (where I have not visited) large semi private corps with close govt links don't have to muck around so much with s/ holders. They know the intrinsic value and just get on with things. I believe the internal competition is not so great. You don't seem to hear of 2 or 3 Chinese companies bidding against each other. MTO
CRC Price at posting:
11.5¢ Sentiment: None Disclosure: Held
