scrag - interesting user name.its particularly discomforting to...

scrag - interesting user name.

its particularly discomforting to see a continued sell-off when coal stocks rebounded today.

all this at the same time a placement is being discussed.

seems fishy.

seems like the people who are taking the placement are filling their boots ahead of time.

think a "crap market" is a convenient excuse to remove a lot of people from the registry and replace them with others with deeper pockets. at the end of the day - still the best coal play with an "economic resource of enormous potential" that is well undervalued on peer comparison.

no doubt this will finish and when it does I think it will bounce strongly.

i said it before - this is the greatest piece of engineering in perth since the narrows bridge.