http://www.theaustralian.com.au/business/wall-street-journal/whit...

http://www.theaustralian.com.au/business/wall-street-journal/whitehaven-bid-exposes-weak-spot/story-fnay3vxj-1226348892921

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Separately, Mr Tinkler moved today to bolster its coal assets elsewhere in Australia. ASX-listed Blackwood Corp said it has raised $28.4 million by placing shares with another of Mr Tinkler’s investment vehicles, Mulsanne Resources.

The placement, made at 30c a share, represents a 50 percent premium to Blackwood’s five-day weighted average price and gives Mulsanne the right to appoint two directors to the board.

EB