for Fy22 dividend yes, but then what?
if coal price really does drop and stays down, even to say USD$200 (which would be still high by long term historical prices) the. FY23 and onwards would show a large decrease in dividends, market will "know this" and then front run the share price downwards.
no point collecting a dividend only for share price to drop.
All depends on the coal price, and nobody knows exactly where it will trades
hence my 30% retained position.
one foot in one foot out so to speak, with a smaller position in the portfolio
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