WHC 0.39% $7.80 whitehaven coal limited

Ann: Trading Halt, page-55

  1. 709 Posts.
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    Brilliantly structured by WHC to stage the actual consideration (US$3.2B rather than US$4.1B) over three years in two stages.

    Completion still 8 months away - so good cash build till then.

    So funding and balance sheet gets a big tick given the second stage payments will be self funding.

    Time will tell on price, but from a quick scan of the just released WHC investor pack I am comfortable.
 
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