see the attached listing rules link at in particular 3.1...

see the attached listing rules link at in particular 3.1


http://www.asxgroup.com.au/asx-listing-rules-guidance-notes-and-waivers.htm

clearly a breach of the rules that only partial disclosure of the deal occurred. I Myself and many other posts i have seen on this board at the start of the year never had any idea that 7.4m more WAL shares were to be issued to pay for the CLR.

Denver, thanks for your post .. if management were serious about maximising value. an in specie distribution to shareholders of the CLR stake would see this stock at 60c plus with WAL shareholders deciding when CLR is fully valued rather than stroud selling down part of a strategic block in one of the last listed coking coal plays at a discount to market (as per mid june) to pay for his hobby farm is not my idea of quality management.

i am getting frustrated that this company is being run for one shareholder only..