YAL 1.70% $6.57 yancoal australia limited

Thanks for your feedback coalforme. I had the same thoughts...

  1. 180 Posts.
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    Thanks for your feedback coalforme. I had the same thoughts about FIRB approval when YAL confirmed it was bidding for the BMA assets initially. Interestingly though David did mention in the Q1 webcast FIRB approval concerns were not the reason YAL decided to cease bidding on the BMA assets, apparently YAL management had positive discussions with FIRB during the bidding process...

    As you say it'll be an interesting 6 months or so, safe to say by then all will be revealed regarding the buyer/s of the BW selldown. In the meantime here's to hoping for another pull back for YAL, ideally before ASX inclusion occurs so we can accumulate at cheaper prices.
 
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$6.47 $6.65 $6.47 $12.80M 1.945M

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