Nah. You're not overly optimistic. I'm weighted very heavily into YAL. I estimate around $1.30 for the divvy in a few weeks..The great unknown is how much more than $1.30 it could be. The company is sitting on a mountain of cash right now. The CCP totalitarians might get sanctions from warlord Biden and this would involve locking up all cash outside china/Russia so that it can't cross the border. Noises are being made about this option in geopolitical spheres/blogs/groups... and if sanctions is likely to be the case, I'm sure the majority Chinese shareholders would want a divvy payout that returns as much cash asap. My estimate of available cash to payout would provide a divvy in the realm of a little over $3.00 right now... and that'd be a cracker divvy. Not saying it'll happen, but, it'd be a lot of icing on that $1.30 divvy that looks very certain right now.
Projected Half Yearly Dividend for FY 22, page-210
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Last
$6.09 |
Change
0.030(0.50%) |
Mkt cap ! $8.041B | |||
| Open | High | Low | Value | Volume |
| $6.05 | $6.12 | $5.90 | $12.70M | 2.099M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $6.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.13 | 12098 | 3 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| YAL (ASX) Chart |