YAL 1.40% $6.18 yancoal australia limited

YAL vs WHC, page-29

  1. 5,420 Posts.
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    tell me about it! That was my point. I got my purchase price back in dividends faster than any company I’ve ever owned.

    but there’s no doubt there has been a lot of historical concern about the use of cash at grr (property development in Melbourne etc) and the pricing mechanism, which resulted in the share price being so suppressed despite a very strong balance sheet.

    anyway it doesn’t preclude an investment in yal, but I don’t think you would find many preferring to own Chinese controlled entities but each to their own.


 
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