YAL 3.43% $5.43 yancoal australia limited

Projected Half Yearly Dividend for FY 22, page-422

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    They have no net debt. From the results presentation:

    At 31 December 2022, gross debt was $673 million and cash held of $2,699 million.
    • Will repay US$333 million in March, removing the last external, interest bearing
    loans; only $182 million of lease liabilities will remain.

    "you may wake up one day and a major investor has sold their whole stake at a 20% discount."

    This is true. Note the word "may".
 
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