Look at him he's fkin stoned in his press photo. Hippy tosser.

Almost as interesting as the original story, now the Greens back Jonathan Moylan and his actions.

www.abc.net.au/news/2013-01-09/greens-back-anti-coal-activist-after-media-hoax/4458272

So if what he did was illegal, what does that say about the Greens?

Alternatively, I wonder what the Greens would think if the people decided "civil disobedience" was in order for Greens policies / laws?

I suspect a judge might be having a closer look at that "real soon".

If he's not guilty then expect these to happen more frequently. Yet another reason why the stock market is a mugs game

kiteboy dave said...
Look at him he's fkin stoned in his press photo. Hippy tosser.

It appears if we had more stoned tossers our land might stay intact for a little longer.
Yes a few jobs lost - but if we put more effort into agriculture that job problem might diminish a little.

can you believe that anybody would believe that a bank would pull its funds from a mining venture in the first place. ha ha

The guy is a simplistic fool and the greens are a collection of them.
The mining company will suffer no long term damage from this because the dip in share price is only temporary.
However, all the mums and dads who have their retirement funds tied up in super probably took a hit when their super fund bailed out of those shares when the price dropped below their stop loss price.
People like this prick and the greens care nothing about what damage any of their childish stunts do to anyone so long as they think they have gained some publicity.
If it makes them feel better, they made their point loud and clear, and that point is, they are a bunch of irresponsible idiots who are dazzled into a constant state of blindness by their own supposed brilliance.
God help us all if they ever get to run the country.

But i think he signed the letter from the ANZ bank guy (sorry don't know the name) That with the logo makes it Forgery at worst. Maybe not a prison term suitable, applicable to teh deed but i think he might spend the rest of his life looking over his shoulder

Wonder if he bought in when it dipped? May as well make some money for your effort

Flame suit on.....

I'm going out on a limb on this one.

I support what the guy has done for a number of reasons:

1) Political protest - can take many forms; this one was non-violent, direct action. Beats a certain stereotype of lying in front of bull dozers.

2) Drew additional attention to coal mining/climate change without endangering anyone's life.

3) Everything we do is 'political' - an individual's decision to invest in any particular company is their right, but as a shareholder in that company, they are actively participating in the decisions & outcomes of that company's actions. I choose not to invest in coal/uranium/Woolworths (they own too many pokies. My choices, I'm ok with them.) Anyone want to defend investing in a Japanese whaling company?

If somone realised a loss (by selling Whitehaven as a result of this joke) IMO, they shouldn't be in the market.

4) If the professionals in the stock market & media fell for this, I'd hate to think what might happen on 1st April this year...

5) On a lighter note, it certainly was original. Yes, the media has compared this action to those of the "Yes Men". If anyone has seen their work, "culture jamming" the WTO, Union Carbide, etc, this is a variation on those themes.

6) $314 million in losses? Really? Bollocks. Media reports indicated a 'temporary' loss that corrected itself once it was realised to be a hoax.

Believe it or not, share prices are known to go up & down over the course of a days trading. According to the ASX, Whitehaven shares (WHC) opened on 7th Jan @ $3.50; 8th Jan $3.49; 9th Jan $3.50; & today opened @ $3.53.

I commend the guy for his protest, and the Greens support is 100% speaking to their policies about coal/carbon & the mainly untapped renewable energy resources this country is ignoring.

Disclaimer: I don't work as a stock broker etc.

(playing devil's advocate here)
How do you make a public stance against the mining industry? They have millions of dollars to 'invest' in public relations - they are able to make TV, film and newspaper advertisements lauding their 'good deeds' and 'contributions to the community'.
Do you think that any voices against mining are able to
1. afford this sort of media coverage
2. able to access the airtime anyway - I'm fairly sure channel nine news is NEVER going to run an 'antimining' ad during the prime time news regardless of the fees paid because they're not going to upset vested interests. Same goes for all major media players.
So the anti mining interests are stuck with the occasional opinion piece in newspapers or the internet (not exactly a large audience), or they need to stage large scale, disruptive demonstrations to get their message out there. Both are hard to do legally.

In theory we live in a democracy where all voices are equal, but in reality big business gets to shout a whole lot louder than anyone else.

pweedas said...
The guy is a simplistic fool and the greens are a collection of them.
The mining company will suffer no long term damage from this because the dip in share price is only temporary.
However, all the mums and dads who have their retirement funds tied up in super probably took a hit when their super fund bailed out of those shares when the price dropped below their stop loss price.
People like this prick and the greens care nothing about what damage any of their childish stunts do to anyone so long as they think they have gained some publicity.
If it makes them feel better, they made their point loud and clear, and that point is, they are a bunch of irresponsible idiots who are dazzled into a constant state of blindness by their own supposed brilliance.
God help us all if they ever get to run the country.

Facts reported in the Sydney Morning Herald were that there were only a few trades done in the 1/2 hour or so that the hoax was current.
Probably day traders getting burnt/ buying a bit low.
Do you seriously think that super fund managers are that fast to buy and sell shares on "press releases"?
Personally, I hope they think long term.