Soul Patts' lost coal chance

New Hope Coal earnings may have beat expectations. But it is a disappointment for Soul Pattinson shareholders.

Robert Millner and Soul Pattinson certainly missed the boat when it comes to coal.

Under pressure to unlock shareholder value in the Soul Patts empire for years now, the Millner family raised the idea of selling its 61% stake in New Hope (NHC) two years ago, when coal prices were riding high.

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