Whitehaven puts shares in halt
Market watch top headlines
Australian reports
- Aust markets: Aust shares rise ahead of US Fed meeting
- Aust dollar report: Dollar recovers as traders look to US
- Aust credit close: Aust bonds weaken ahead of US Fed meeting
World reports
- World commodities: Commodities markets summary
- World markets: International markets roundup
AAP
2013-01-07
Whitehaven Coal shares have fallen following a hoax announcement on funding for its Maules Creek project.
The coal miner was the victim of a hoax press release on Monday, claiming to be from the ANZ Bank stating that it had cancelled its $1.2 billion loan facility to Whitehaven to fund its Maules Creek project.
The release actually came from anti-coal mining activists.
The company's shares plunged six per cent in response to $3.31.
Whitehaven had its shares placed in a halt which is expected to be lifted on Monday.
The ANZ Bank on Monday also confirmed the notice was a fake.
Copyright ©
Fairfax Digital
