Whitehaven open to offering Farallon board seat
- {{x.value}}
{{ twilioFailed ? 'SMS Code Failed to Send…' : 'Enter verification code' }}
{{ completedStep1 ? 'Authentication & Security' : content.trialHeading.replace('{0}', user.FirstName) }}
{{ content.upgradeHeading.replace('{0}', user.FirstName) }}
The email address you entered is registered with InvestSMART
Please login to continue
We have sent you an email with the details of your registration.
Looks you are already a member. Please enter your password to proceed
{{ upgradeCTAText }}
Updating information
Please wait ...
Your membership to InvestSMART Group recently failed to renew.
Please make sure your payment details are up to date to continue your membership.
Having trouble renewing?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
You've recently updated your payment details.
It may take a few minutes to update your subscription details, during this time you will not be able to view locked content.
If you are still having trouble viewing content after 10 minutes, try logging out of your account and logging back in.
Still having trouble viewing content?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
Please click on the ACTIVATE button to activate your Intelligent Investor 15-day free trial
Please click on the ACTIVATE button to finalise your membership
Unsuccessful registration
Registration for this event is available only to Eureka Report members. View our membership page for more information.
Registration for this event is available only to Intelligent Investor members. View our membership page for more information.
- You are already registered for this event.
- This event is already full.
- Please select a quantity for at least one ticket.
- {{ i }}
Forgotten password
Please enter your email address below to request a new password
- Verify your email address by clicking on the link we sent to {{user.Email}}
- You now have free access, we look forward to helping you on your financial journey.
Whitehaven Coal Ltd is open to the possibility of offering Farallon Capital Management a board seat after the group became the coal miner's largest shareholder, The Australian Financial Review reports.
According to the newspaper, Whitehaven managing director Paul Flynn said if Farallon requested a seat on the board, the company would "look seriously at it".
"If they make a request to come on the company board, we would see that as a positive because that would mean they are probably going to sit on their shares for a while," Mr Flynn told the AFR.
"If they were thinking of trading their shares I would expect they would not ask for one but Farallon have been long term shareholders and if they were to make that request we would look at it seriously."
Farallon purchased a 9.9 per cent stake in Whitehaven from Nathan Tinkler on Wednesday, with the balance of the coal baron's shareholding sold to members of the leading Tinkler syndicate.