YAL 0.96% $7.33 yancoal australia limited

Ann: Company presentation, page-205

  1. 181 Posts.
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    After reading comments on other coal companies reports recently I expected a much lower dividend than we all hoped for. Management is obviously being cautious with their cash as we head into a period where coal prices across the board will likely soften. If we follow 3668’s lead on close yesterday, it dropped 3.38% so we may fall below $5.70 on Monday. Then I think leading up to ex on 12/03 YAL will slowly recover. Maybe we see YAL around $6.00 give or take prior to going ex. What are your thoughts?
 
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