WHC 2.08% $8.26 whitehaven coal limited

Ann: Appendix 4D and Half Year Financial Report, page-114

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    Hi Keith. On the call they said they would normally start the BB the day following results. They had paused it only because the reservation news was imminent. This then came through one hour later, so technically speaking the BB may have commenced today. We’ll know if/when any notice is released on Monday morning.

    A few other things on the call:
    - dividends normally weighted to the second half
    - special dividends are NOT their policy
    - not that interested in external M&A (BHP assets etc), “we have a lot on our plate” re: Winchester and Vickery
    - more communication on Vickery due this March, but PF sounds pretty bullish on increasing the met mix (LT their ambition is 50/50).

    It was a good call, recommend you listen in (recording is on the website). Cheers
 
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