Note their gearing reduced from 41% to 24% in one year; realistically this 17% reduction can be all attributed to the stellar second HY.
If received coal price remains elevated for another few months, which is likely due to contracts, YAL can and will become debt free.
The only issue that concerns me now is geopolitics, given the current tensions between Australia and China. I feel the risk is still low, though market probably prices YAL with this in mind also.
Ann: Full Year Financial Result 2021, page-7
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Last
$6.62 |
Change
0.220(3.44%) |
Mkt cap ! $8.741B | |||
| Open | High | Low | Value | Volume |
| $6.43 | $6.63 | $6.41 | $13.60M | 2.082M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1512 | $6.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.62 | 11309 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| YAL (ASX) Chart |