ASX Announcements
Notification regarding unquoted securities - WHC
Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)
- Dec 8, 2023
- 7 pages
Notification regarding unquoted securities - WHC
Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)
- Dec 8, 2023
- 6 pages
Yesterday
Investors tip strong payouts from sin-binned coal stocks
The coal sector is consolidating as big miners sell assets at bargain prices to juniors that can potentially grow resources and balance dividend payouts.
- Tom Richardson
This Month
BHP strike threat could shut down five Qld mines
Critical BHP overseers are preparing to take industrial action that could shut down 70 per cent of the mining giant’s Queensland mines.
- David Marin-Guzman
This CEO of a $6b company was told he ‘could do better’ at school
Whitehaven chief Paul Flynn may not have been an enthusiastic student, but he learnt to debate around the kitchen table with his parents and eight siblings.
- Sally Patten
November
- Exclusive
- Industrial relations
Managers ‘stripped of $100,000 entitlements’ in Whitehaven-BHP deal
The case could wipe out $30 million in entitlements accrued to senior workers transferring to Whitehaven Coal under its deal to buy BHP mines in Queensland.
- David Marin-Guzman
NSW coal mine to restart after 18 years
European commodity trader Vitol has promised more than $90m to get the Dartbrook coal mine back into production within four months.
- Peter Ker
Whitehaven activist investor Bell Rock slapped by investment watchdog
The British hedge fund that tried to pressure Whitehaven Coal to abandon the acquisition of BHP coal mines failed to meet Australian disclosure standards
- Peter Ker
Soul Patts checks out Whitehaven’s debt for $6.2b BHP coal buy
The interest is no surprise, given last year it tipped into the financing for Stanmore Resources’ $1.35 billion purchase of BHP’s stake in BHP Mitsui Coal.
- Sarah Thompson, Kanika Sood and Emma Rapaport
October
Whitehaven’s hedge fund bete noir sells down $260m shares
Bell Rock admitted it did control more of the company than it had told investors, at the same time as it dumped half of its stake in the miner.
- Peter Ker
Whitehaven’s coking coal buy to send earnings up 93pc, Citi says
The investment bank’s brokers increased their price target on the miner’s shares despite the $5b deal being opposed by the company’s largest shareholder.
- Aaron Weinman
- Updated
- Activist shareholders
Hedge fund inflicts a hit on Whitehaven Coal over pay
Forty per cent of investors voted against the coal miner’s remuneration report in a revolt led by London fund manager Bell Rock.
- Updated
- Aaron Patrick and Peter Ker
- Updated
- Activist shareholders
Whitehaven accuses Bell Rock of controlling twice the shares it claims
But the Takeovers Panel has declined a request from the coal miner to disqualify votes cast by the hedge fund at its annual meeting scheduled for Thursday.
- Peter Ker
Whitehaven flirts with strike after BHP deal ‘gamble’
A US institutional investor has joined activist fund Bell Rock’s campaign to give the Whitehaven board a black eye at Thursday’s AGM.
- Paul Smith
Whitehaven investor sells $157m worth of stock after BHP win
Someone on Whitehaven Coal’s register isn’t too happy about the ASX-listed miner clinching a deal to buy BHP’s Daunia and Blackwater coal mines for $US3.2 billion.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
Activist who? Whitehaven, Endeavour show you can fight back
Cranky shareholders may be firing up activist campaigns, but they are no sure thing.
- Anthony Macdonald
BofA, Jefferies bankroll Whitehaven’s winning bid for BHP coal
Bankers and investors will now be shifting their focus to other sizeable coal mines that have been expected to come up for sale.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
Whitehaven’s $6b coal deal is about taking risk off the table
A deal to buy two Queensland mines from BHP is a potential game changer for the coal-mining company.
- Updated
- James Thomson
Investors cheer BHP’s $6.4b mine deal
Whitehaven investors buoyed by the purchase of two BHP coking coal mines in Queensland have sent the stock to an eight-month high.
- Updated
- Peter Ker and Elouise Fowler
Whitehaven set to win BHP’s Queensland coal auction
Done deal: Whitehaven wins BHP Queensland coal mines
- Sarah Thompson, Kanika Sood and Emma Rapaport
ISS tells Whitehaven investors to reject miner’s exec pay
The proxy adviser says investors should shun the miner’s executive pay because of its focus on unnamed “strategic priorities”.
- Peter Ker
Whitehaven activist targets executive pay but proxies back board
Whitehaven boss Paul Flynn’s pay is the new battleground in the battle with activist investor Bell Rock, but proxy advisors have thrown support behind the miner.
- Peter Ker
