The options for their excess cash flow I can see are
1. Dividend: Seems reasonable as they suspended it during the virus and most companies are now restoring them.
2. Debt repayment: They have already paid off 500 million recently. I don't see why they wouldn't want to deleverage more in this ESG environment
3. Share buybacks: Implausible I think as the float is too thin to be able to do this meaningfully.
4. M&A: They may see opportunities in coal or even the oil and gas space. Some of the US coal suppliers, like ARLP, are slowly migrating to oil and gas.
5: Cash hoarding: This seems unlikely
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Last
$6.48 |
Change
-0.005(0.08%) |
Mkt cap ! $8.503B | |||
| Open | High | Low | Value | Volume |
| $6.44 | $6.48 | $6.41 | $4.168M | 645.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 3764 | $6.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.48 | 4206 | 26 |
View Market Depth
| Last trade - 13.36pm 07/08/2025 (20 minute delay) ? |
| YAL (ASX) Chart |