WHC 5.56% $5.77 whitehaven coal limited

Potential Daunia Aquisition, page-447

  1. 537 Posts.
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    It would do the SP good if they came out and provided clarity on what they mean by adding value, to me that means any Aquisition they purchase should be able to fund its on-going running costs as well as service the debt + add additional funds for SH. That also means the existing mines should continue to produce more than enough free cash to continue with or even increase dividends with the money allocated to share buy back might go into reducing debts on the new Acquistions.

    If this were clarified I feel we wouldn't be drifting the way we are. One would also think any purchase of this magnitude would require shareholder voting and approval before proceeding.
 
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