why the sell off, page-2

Betman....

It's hardly a sell-off. This is typical of the daily volatility of this stock. I picked a few up yesterday at very close to the lows and around the current price. Algorithmic trading is able to take advantage of lulls in buying activity to maintain some downward pressure on the price. If you look at the course of sales you will see that there is no dumping...just a whole lot of small trades. I expect it will come right back up to close to the yesterday's closing price later.

If there is a factor in the action which i doubt, it might be the Macarthur Coal/Glouster Coal issues.

regards
DF