Not sure what your smoking, but I'd like some.So just to clarify...

Not sure what your smoking, but I'd like some.

So just to clarify your points...

1. Noble's activities in the Coal industry portrays the Iron Ore industry.

2. Nobles $36m investment in TTY at 45c doesn't point to TTY being worth 45c, but shows Noble has very little business sense by paying more than they are worth (contray to your point about what they are doing in the coal industry) purely to have a 45% interest which is apparently "controlling" stake even though it is less than 50%.

3. The market is efficient in accessing info because prices are always right on the stock market and prices never vary, and opportunities never exist.

Thanks, just learnt something (and it's not what you might think).