Whitehaven fires up

The consortium bid for Whitehaven Coal needs plenty of cash, and whether that comes through remains to be seen.

PORTFOLIO POINT: Nathan Tinkler is banking on pulling the funding together to complete his takeover bid for Whitehaven, but that’s not guaranteed at this stage.

Whitehaven Coal (WHC). Nathan Tinkler has put together a consortium to attempt to buy Whitehaven, but there’s still a substantial risk he might not be able to get the funding for it at the moment.

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