A query from a single private investor with a small shareholding in White Energy may have brought down the proposed $500 million takeover of Cascade Coal.
A query from a single private investor with a small shareholding in White Energy may have brought down the proposed $500 million takeover of Cascade Coal.
The investor, a professional engineer who does not wish to be named, told the Weekend Financial Review he emailed the ASX to question various disclosures in independent expert reports for the transaction in early March 2011.
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Jamie Freed writes on business specialising in aviation, tourism, travel. Based in our Sydney newsroom, Jamie has 10 years experience as a journalist. Connect with Jamie on Twitter.
