Coal, News & Features, Resource News
Doubts cloud Tinkler’s Whitehaven Coal play
By The Australian · July 18, 2012 · 11:56 am · Leave a Comment
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By Sarah-Jane Tasker
NATHAN Tinkler’s $5.3 billion move on Whitehaven Coal continues to underwhelm the market, with the shares trading well below the bid price for the third day in a row.
Despite market scepticism about Mr Tinkler’s ability to fund his ambitious plan to privatise Australia’s largest independent coal play, some industry observers are going against the trend and tipping the mining magnate will get the deal done.
