re: asic first then takeover panel $10 billion worth of...

re: asic first then takeover panel $10 billion worth of resources is still a $10 billion asset.

If what you say is correct,that the company's mines are "uneconomic" then why are the Chinese fighting so hard to gain control of the company.

No CLR shareholder would have accepted the takeover offer as they could have just waited and still receive the same price at the end. Why they are dumping their shares doesn't make sense. It didn't certainly didn't help when the previous board of directors signed the "Bid Implementation agreement".
Your argument that they were correcting themselves doesn't make sense. Why even signed the "Bid Implementation agreement" at all is the question that regulatory and govt authorities should investigate.

Existing CLR shareholders should realise that there will be people who will talk down the company for their own selfish reasons. Nevertheless, one must understand coal is a depleting resource, prices rises when the supply contracts or demands cranks up. There is also the never ending need for coal (thermal and coking) from china, south korea, japan to run the power stations and development. Calling Grosvenor West and CLR uneconomic was extremely short-sighted.

there is no where in the world can you buy proven resources worth $10 billion dollars for only A$71m. so why should Australia be the laughing stock of the world ?