The Distillery: Whitehaven ruminations

Jotters swap theories on what’s next for Whitehaven following Raymond Zage's appointment, while one parses Centerbridge and Oaktree disappointment.

The departure of Nathan Tinkler from the Whitehaven register hasn’t stifled speculation about the company’s future. The appointment of Raymond Zage, who now speaks to the board for Tinkler’s old stake, means Farrallon Capital is hanging around for some serious potential Whitehaven upside.

Also in this morning’s edition of The Distillery, Billabong International is expected to accept the Altamont proposal and the commentators are very understanding as to why.

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