One of Whitehaven Coal’s largest investors has accused the company of telling a select number of shareholders that it would delay its share buyback program and was interested in buying two massive coking coal mines, suggesting this left the market “misinformed”.
Bell Rock Capital owns just under 5 per cent of the ASX-listed coal major, and has been increasingly public in its campaign to stop Whitehaven from acquiring two mines – Daunia and Blackwater – which BHP has put up for sale with a price tag of more than $US3.5 billion ($5.4 billion).
https://www.copyright link/companies/mining/whitehaven-keeping-market-misinformed-major-investor-alleges-20230917-p5e5ax
Whitehaven keeping market ‘misinformed’, major investor alleges
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$8.00 |
Change
0.180(2.30%) |
Mkt cap ! $6.692B | |||
| Open | High | Low | Value | Volume |
| $7.86 | $8.00 | $7.83 | $25.19M | 3.178M |
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| No. | Vol. | Price($) |
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| 4 | 8928 | $7.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $8.00 | 149312 | 47 |
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| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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$7.99 |
Change
0.180 ( 2.28 %) |
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| Open | High | Low | Volume | ||
| $7.87 | $8.00 | $7.83 | 850034 | ||
| Last updated 15.59pm 28/05/2024 ? | |||||
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