Oct 24, 2012

Tinkler v the world: Whitehaven play shows there’s fight left

Newcastle Rich Lister Nathan Tinkler’s demise has been roundly predicted for months. But recent moves show he's still got some muscle to flex.

Like a weary wrestler rising from the canvas at the end of a long bout, Nathan Tinkler seems determined to prove he still has some financial muscle to flex.

Tinkler has hit the board of Whitehaven Coal — a company in which he owns a 19.4% stake worth about $635 million — with a letter demanding they provide him with a detailed update on operational and financial matters by close of business tomorrow.

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One thought on “Tinkler v the world: Whitehaven play shows there’s fight left

  1. John Bennetts

    “…buy Whitehaven Coal for $5.3 million just months ago…”

    Factor of 1000 error?

    Try 5.3 billion dollars for size.

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