YAL 0.50% $6.09 yancoal australia limited

Ann: Full Year Statutory Accounts, page-34

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  1. 624 Posts.
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    I think all coal stocks especially thermal will stay at low multiples, they don't have as many lending options anymore, so if something goes wrong or they want an acquisition or to expand they really need to fund it themselves, I think they board is aware of that and keeping a cash buffet.
 
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