"Over last 15 months they have paid $5.5 billion in debt and dividends:
AU$4.1 billion in debt
AU$1.4 billion in dividends (2H2021 + 1H2022)"
$5.5bn of surplus capital over a period 15 months.
To demonstrate just how bananas that is, 15 months ago the market value of the company was just $2.6bn
(Caution: Such an embarrassment of riches will surely go unnoticed by the adherents to the "From-each-according-to-his-ability, to-each-according-to-his-needs" School of Economic Theory. The Neo-Marxist members of the plutocracy wont be able to help themselves, I'm sure).
.
Ann: Yancoal debt prepayment of US$459 million, page-17
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$7.18 |
Change
0.010(0.14%) |
Mkt cap ! $9.401B | |||
| Open | High | Low | Value | Volume |
| $7.12 | $7.19 | $7.09 | $5.908M | 827.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 12861 | $7.17 |
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| Price($) | Vol. | No. |
|---|---|---|
| $7.18 | 78728 | 8 |
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