Thanks for that explanation, Coalhardcash — it makes good sense.
Strategy-wise, I have the same general plan:
(1) Top up on WHC during pullbacks over coming months, preparing for the huge growth which should eventuate from 2025 once the BMA acquisition process is complete and debt has been repaid. At that time also it’s likely that buybacks will resume, adding further power to WHC’s cash-flow engine.
(2) Treat YAL as essentially a yield stock, delivering regular, reasonably predictable fully-franked dividends.
The best of both worlds, as you say. Thanks again.
Ann: Company presentation, page-107
Add YAL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.18 |
Change
0.040(0.65%) |
Mkt cap ! $8.160B | |||
| Open | High | Low | Value | Volume |
| $6.12 | $6.22 | $6.04 | $17.34M | 2.821M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9138 | $6.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.18 | 14997 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| YAL (ASX) Chart |